Linklaters names 31 new counsel

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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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Arthur Cox hikes Belfast with Carson McDowell corporate hire

The Belfast office of Dublin heavyweight Arthur Cox has hired equity partner Alan Taylor from the corporate group of rival Carson McDowell. The lateral move is a rare event in the Belfast market, but follows the exit of three partners from Arthur Cox last year (The Lawyer, 20 March), when trio Peter Stafford, Mark Thompson […]

Swedish govt sell-off goes way of Ashurst

Ashurst’s Swedish strategy has reaped dividends, with the firm landing a key role on the first wave of Swedish government-led privatisations. The top 15 firm scored instructions from Deutsche Bank and UBS as underwriters to the Swedish government in its E2bn (£1.37bn) disposal of an 8 per cent stake in mobile communications company TeliaSonera, the […]

Nabarro set to smash £500k PEP target

Nabarro boosted turnover by 13 per cent and expects a 20-plus percentage increase in average profit per equity partner (PEP). If the firm has achieved its increase in PEP it will have reached its goal of achieving £500,000 by the end of the 2006/2007 financial year. Last year PEP stood at £451,000. Nabarro senior partner […]

CCing is heaving

Tulkinghorn hears that partners at Clifford Chance are getting up close and personal lately. At a recent meeting one senior banking partner quipped to a senior capital markets partner: “It’s good to see you with your clothes on.” His slightly stunned colleague was quick to confirm that the pair had in fact merely seen in […]

Stevens & Bolton bolsters construction

•South East firm Stevens & Bolton has hired construction partner Matthew Needham-Laing as head of construction and engineering from London construction boutique Fenwick Elliott. Needham-Laing said: “I chose Stevens & Bolton LLP because of the firm’s evident commitment to expanding its construction department. I look forward to working with my new colleagues, building on Stevens […]

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