Lovells’ German refocus sees Berlin managing partner quit

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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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Latham in ten per cent global profits surge

Latham & Watkins has continued its winning streak after unveiling impressive financial results for 2004. Turnover at US firm has increased 17 per cent on 2003, from $1.03bn to more than $1.2bn last year. The results follow a phenomenal 2003, which saw the firm post a 14 per cent revenue rise to break through the […]

Careers: in brief

Clyde & Co announced last week that partners Jonathan Wood and Derek Hodgson have both been named as chairs at the International Bar Association (IBA). Hodgson, joint head of maritime at Clydes, becomes the chairman of the IBA’s maritime and transport law committee, while Wood has become chairman of the IBA’s international committee. The latter […]

White & Case tops US firms’ profits upturn in London

White & Case’s London office has claimed an astonishing 73.9 per cent profit rise in 2004, with several other US firms also reporting impressive year-end results for their UK outposts. The firm revealed that profit per equity partner has risen from $575,000 (£305,200) in 2003 to $1m (£530,000) in 2004. At the same time, it […]

BLP to open in Middle East on back of energy success

Berwin Leighton Paisner (BLP) is planning to open an office in the Middle East after a year of success for its new energy practice in the region. Energy partners Agnieszka Klich and Jon Nash joined the firm last year from Milbank Tweed Hadley & McCloy, along with Denton Wilde Sapte’s Sohail Barkatali, and they have hit […]

Ofgem panel places up for grabs in massive rejig

Ofgem, the gas and electricity regulator, has launched a full-scale review of its external legal panel. According to well-placed sources, firms, including those not on the existing panel, were asked to submit their tender documents to Ofgem earlier this month. The regulator’s current legal panel comprises Brodies, Burges Salmon, Maclay Murray & Spens, Nabarro Nathanson, […]

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