Legal exec aims for top job after making partner at Glaisyers

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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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Lovells advises on Babcock & Brown fund sell off

Lovells has been instructed by a group of former Babcock & Brown staff who have bought out the failed firm’s €2.2bn (£1.9bn) European infrastructure fund. Babcock’s former senior partner Simon Gray, managing partner Toto Lo Bianco and five other partners have bought out the Babcock & Brown European Infrastructure Fund (BBEIF) in their new company, […]

White & Case seals prison PFI role for Serco Group

Longstanding White & Case client Serco has been awarded preferred bidder status on the £600m Belmarsh West and Maghull new-build prisons PFI, The Lawyer understands. Relationship partner Anthony Fine is thought to be advising a consortium made up of Serco Group and Skanska on the venture. Skanska will start building the facilities at Belmarsh West […]

Maclays’ PEP slides at end of “disappointing” year

Scotland-headquartered firm Maclay Murray & Spens saw average profits per equity partner (PEP) fall 32 per cent over the last financial year on the back of a turnover drop of 9 per cent. This is a turnaround fro the firm’s fortunes in 2007-08, when the firm posted a revenue rise of 12.5 per cent and […]

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Lawyers predict changes to privacy pay-outs after News of the World scandal

Lawyers are gearing up for potential changes to invasion of privacy compensation in the wake of the News International phone hacking scandal. Discussions on compensation have come after The Guardian reported that Gordon Taylor, chief executive of the Professional Footballers’ Association, was paid £700,000 in a settlement after his phone was tapped. The sum is […]

Law: In a class of its own

In-housers have had it pretty much all their way of late, with strict pitch criteria meaning they can dictate terms and even get their law firms to do some menial work for their companies. It looks like that balance of power is not going unchallenged, however. As we reveal today, one City firm – which […]

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