Latham raids Bonelli for Italian push

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Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

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Twenty graduates join Herbies in Indian haul

Herbert Smith has stepped up its global recruitment programme with the hire of 20 trainee lawyers from India. The move comes as the firm completes its pilot recruitment programme for Indian law graduates, which saw six such graduates take up summer internships at the firm in April. “We’ve decided to make annual recruitment trips to […]

Mayer Brown appoints Germany head

Mayer Brown has appointed a new managing partner in Germany, with banking and finance partner Jörg Wulfken taking control of the firm’s offices in Frankfurt, Berlin and Cologne. Wulfken will succeed Reinhard Lange as managing partner in Frankfurt and Berlin by the end of the year. He will take over management of the Cologne office […]

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HMRC blunder prompts calls for stronger punishments

The Government’s loss of 25 million people’s bank and employment details in the post has led to calls for the Information Commission to receive stronger powers. HM Revenue and Customs (HMRC) could fall foul of the Data Protection Act because it did not take the precaution of encrypting the data before sending it. Simon Morrissey, […]

BLP creates East London pro bono offering

Berwin Leighton Paisner (BLP) has used National Pro Bono Week to launch its first law clinic and to sign up to a pro bono protocol. The firm has opened a free legal advice centre at Sonali Gardens Community Centre in Shadwell, in conjunction with solicitors pro bono group LawWorks, offering local residents advice on housing […]

Clifford Chance

Clifford Chance has defended its career progression opportunities for associates after a team of six associates was laid off in New York. As reported on www.thelawyer.com (6 November), the magic circle firm laid off the associates after the impact of the global credit crunch rendered their jobs redundant. The team had worked exclusively for Standard […]

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