Linklaters' property losses mount

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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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Herbert Smith alliance ramps up joint approach

Herbert Smith has set up joint working groups with its alliance firms Gleiss Lutz and Stibbe in areas such as M&A, capital markets, private equity and litigation. The groups will pitch for potential new clients. The firm has seconded its first London partner, corporate lawyer Philip Talboys, to Gleiss to coordinate the joint initiatives. Talboys […]

Property lawyers top professional indemnity hit-list

Property work has once again turned out to be the main cause of professional indemnity claims against solicitors. According to a report by Alexander Forbes Claims Services, 34 per cent of claims from 31 August 2002 to date have been racked up over property matters. Of the property claims, residential work was the biggest offender, […]

Pencil pusher

Former Shearman insolvency star Ronald DeKoven is used to the finer things in life. Matheu Swallow talks to a man coming to terms with grotty old London. Ronald DeKoven interrupts our interview – which is taking place in a small and slightly gloomy conference room in the basement of his new home at 3/4 South […]

Fried Frank rocked by exits

Fried Frank Harris Shriver & Jacobson has been hit by the departure of its highly-rated head of structured finance and securitisation. Laurence Isaacson, who has been a partner at Fried Frank since 1997, is leaving for Ernst & Young-associated firm McKee Nelson, taking with him partner Andrew Kwok. He will join McKee Nelson on Wednesday […]

The price of failure

With the media and the Govt aiming boots at the fat cats, industry is going to have to radically improve self-regulation if it wants to avoid legislation. Richard Yeomans reports The media, shareholders and the Government have become increasingly critical of ‘golden parachutes’ for directors who are perceived to have failed. Take the case of […]

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