Legacy Biddle partners to quit Pinsents after strategy review

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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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GLA picks Wragges for panel

Wragge & Co has won a place on the Greater London Authority’s (GLA) legal panel, scooping instructions to advise it in connection with London’s bid to host the 2012 Olympic Games. The instruction, following a beauty parade, is a major coup for Wragges. One source said that the firm’s success in the tender process was […]

CC boosts DC office with US govt capture

Clifford Chance’s Washington DC office has strengthened its projects group by recruiting the former assistant general counsel of the Overseas Private Investment Corporation (OPIC).Ronald Jonkers is joining Clifford Chance after 11 years at OPIC, a development agency which is part of the US government, where he specialised in large project finance deals in a number […]

Worldcom general counsel resigns

Worldcom general counsel Michael Salsbury has resigned together with treasurer Susan Mayer, a day after reports revealed further details of the accounting scandals that have bankrupted the telecoms company. The reports, which were compiled for the bankruptcy court and the US Securities and Exchange Commission (SEC), excused the legal chief of any financial wrongdoing but […]

The burden of proof

Financial advisers are in the firing line as more people lose money from their investments, but Charles Hewetson and Aamir Khan say that proving a case is not as easy as it might seem The successive annual falls in the financial markets over the past three years have had serious consequences for investors. The financial […]

Too little too late

Is a solicitor guilty of negligence if a new judgment means old advice is now wrong? Simon Monty QC reports on how the law can change while a case is ongoing What should a solicitor do when a new decision impinges on advice already given in litigation? What if counsel gives advice that is affected […]

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