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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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Ashurst

UK 200 Position: 10 UK 200 Shar… UK 200 Position: 10 UK 200 Share tip: BUY Turnover: £275.0m Profit per equity partner: £956,000 Earnings per partner: £771,000 Equity spread: £480,000-£1.2m Net profit: £126.2m Profit margin: 46 per cent Revenue per fee-earner: £322,000 Revenue per lawyer: £379,000 Revenue per partner: £1.5m Revenue per equity partner: £2.08m […]

Stephenson Harwood in Singapore AIM focus

Stephenson Harwood has ramped up its international capabilities with the launch of a Singapore corporate practice. London corporate partner Matthew Gorman will head the group, which will focus on AIM flotations from Asia as well as building up a full-service corporate team with private equity and M&A lawyers. Gorman said: “Until now we’ve serviced Singapore […]

Ashurst

UK 200 Position: 10 UK 200 Shar… UK 200 Position: 10 UK 200 Share tip: BUY Turnover: £275.0m Profit per equity partner: £956,000 Earnings per partner: £771,000 Equity spread: £480,000-£1.2m Net profit: £126.2m Profit margin: 46 per cent Revenue per fee-earner: £322,000 Revenue per lawyer: £379,000 Revenue per partner: £1.5m Revenue per equity partner: £2.08m […]

Weil’s India head moves to Hong Kong for Asia push

Weil Gotshal & Manges has underlined its commitment to Asia through plans to send New York-based corporate associate and head of India Lavesh Samtani to its Hong Kong office next year. The firm’s chairman Stephen Dannhauser had stated the firm’s intention of using its Hong Kong office as a platform for Asia-related work when he […]

Bankruptcy is this season’s black

Forget corporate; it’s so last season. In New York, the place to be if you want to get hired is bankruptcy. Now you won’t sense this from walking around Manhattan. America may be on the brink of financial meltdown, but there’s no sign of that in the streets below Central Park. Although the fallout from […]

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