Lex Mundi appoints three firms

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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 […]

Recommended

Heleniak awaits Shearmans vote

New York firm Shearman & Sterling will vote this week to appoint M&A lawyer David Heleniak as its new senior partner. Present incumbent Stephen Volk has been in the role for 10 years, and under the firm’s partnership deed is allowed to serve only two five-year terms. Heleniak, whose clients include Goldman Sachs, Merrill Lynch, […]

Eversheds to be sued by hygiene testing company Biotrace for sacking ‘blunder’…

Eversheds is being sued for £600,000 because its Cardiff office allegedly gave negligent advice. The claim goes back to 1995 and has been issued by Welsh company Biotrace, which makes hygiene testing kits. It centres on former Biotrace managing partner and chief executive Brian Levett, who was suspended and later sacked for upsetting retailer Marks […]

CASE BOOK

Judgments Three Rivers District Council & ors v Governor & Co of the Bank of England sub nom Same v Same (3) (22/3/01) HL Lords: Steyn, Hope, Hutton, Hobhouse and Millett The claim that officials in the Bank of England were guilty of the tort of misfeasance in public office was sufficiently pleaded for the […]

Digest

Hardwicke Building, the chambers of Nicholas Stewart QC (left), has been joined by Christopher Bayliss of One Inner Temple Lane. Called in 1986, Bayliss specialises in employment and motor industry law. The employment team now has 10 members. The arrival of Bayliss continues the chamber’s strategy of strengthening its specialist teams by selective recruitment.

CORPORATE

Think Skadden Arps Slate Meagher & Flom, think probably the best M&A firm in the world ever. Then think about its strategy in London, and you will probably draw a blank. Currently poised to hire Lovells private equity guru Allan Murray-Jones, to stake a claim in Italy and bulk up in Germany, the firm topping […]

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