LeBoeuf posts 23 per cent revenue rise

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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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DLA Piper equals Philly rivals with salary hike

DLA Piper Rudnick Gray Cary has raised it associate salaries in Philadelphia to some of the highest in the city. First year associates will now receive $125,000 a year backdated to 1 January. Each associate level after the fourth year will received a $10,000 increase, taking the basic salary for eleventh year associates to $210,000. […]

BCCI costs hearing: Stadlen attacks ‘disgraceful’ Deloittes, Lovells

Fountain Court Chambers’ Nicholas Stadlen QC, appearing for the Bank of England, has slammed Lovells for failing to turn up for the BCCI costs hearing which began on Monday (30 January). Stadlen yesterday derided the liquidator’s legal team and the collapsed bank’s liquidators, Deloittes, who also did not atttend the expected four-day hearing before Mr […]

Women’s club creates legal kitty to aid access to justice

A new online women’s group is establishing a ‘housekeeping kitty’ to provide access to justice for women who cannot afford lawyers. The recently launched Womens Club International plans to offer interest-free loans and discretionary grants as a core service for members if they need to go to the law but cannot afford it. The new […]

London and Europe safe, says Chadbourne’s O’Neill

Chadbourne & Parke has moved to allay fears its European and UK operations could fall under the axe following the firm’s dismal 2005 financial result. Revenue fell around 5 per cent for the New York-based firm, and managing partner Charles O’Neill had warned in a firmwide memo that steps, including cutting the number of partners, […]

199 Strand chief to follow colleague to Wilberforce

The head of chambers from dissolved set 199 Strand David Phillips QC has joined Wilberforce Chambers. Phillips is a highly-respected commercial barrister with recent involvement in a series of high-profile football disputes and a particular expertise in road transport regulatory work. “Over the past few years, a disproportionate amount of my time has been spent […]

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