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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 […]

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 […]

Insurance & Reinsurance 2018: issues facing lawyers and clients today

Have there been any major changes or developments in your jurisdiction over the past 12–18 months? How have these impacted your practice? In August 2016, the Bermuda Monetary Authority (BMA) issued the Insurance Manager Code of Conduct requiring insurance managers to follow a set of procedures when carrying out their functions. In September 2017, the […]

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SJ Berwin scoops finance role on private equity exit

SJ Berwin has scooped a lead role advising on a key acquisition in the healthcare and fitness sector. The firm, led by finance partner Stuart Brinkworth, advised banks Barclays and RBS on healthcare operator Nuffield Hospital’s £170m acquisition of fitness centre chain Canons from RBS private equity. Brinkworth commented: “The deal is interesting given the […]

20 YEARS OF THE LAWYER: 2006

… INTRODUCTION DIVERSITY IN-HOUSE LEGAL AID REGULATION CORPORATE RECRUITMENT LITIGATION TECHNOLOGY 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Turmoil and triumph at the magic circle It was all go in the magic circle in 2006. Allen & Overy (A&O) began the […]

Kemp Little opens competition practice

Technology firm Kemp Little has launched its dedicated competition and regulatory practice with the recruitment of partner Susannah Sheppard. Before joining Kemp Little, Sheppard worked in-house on competition and regulatory matters at online travel company Expedia, one of Kemp Little’s clients, prior to which she was a partner at Addleshaw Goddard.

Dechert launches in Hong Kong

Dechert has launched an office in Hong Kong, taking a former a former M&A partner from Paul Hastings Janofsky & Walker. Dechert launches in Hong Kong” />Dechert has launched an office in Hong Kong, taking a former M&A partner from Paul Hastings Janofsky & Walker. Basil Hwang only joined Paul Hastings last October from O’Melveny […]

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Reed Smith

UK 200 Position: 24 UK/globa… UK 200 Position: 24 UK/global turnover: £24.9m/£349.8m Global PEP: £512,000 UK/global RPL: £315,000/£377,000 Reed Smith’s big project last year was its merger with Richards Butler. The firm’s UK turnover will be boosted next year by around £50m-£60m from Richards Butler, instantly making it one of the largest US firms in […]

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