Lovells names new corporate chief

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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 […]

Recommended

RHM in conflict with ex-counsel

RHM Foodbrands, the main operating company of Mr Kipling cakes and Hovis Bread, has become embroiled in a spat with its former interim head of legal. IP specialist Kevin Mutch was RHM’s interim legal head until Thomas Murphy took the helm two months ago. He is claiming that he and one other senior lawyer were […]

Hammonds makes up fifteen after raft of exits

Hammonds is making up a record 15 new partners this year, following a year of turmoil at the firm that has seen 14 partners quit since January. Many firms in the City have made up fewer lawyers than usual in this latest partnership round, but Hammonds has bucked the trend by promoting seven more partners […]

Opinion

The Government’s corporate manslaughter proposals are to be applauded – now for the rest In late March the Home Office published its long-awaited reform proposals for corporate manslaughter and invited responses by June. The tone is measured and in marked contrast to some of the excoriating language within previous consultations. Clearly, much thought has now […]

Deutsche pair quit following cutbacks

Deutsche Bank’s legal department has suffered a double blow following the departure of two senior in-house lawyers. Legal counsel Sajid Hussein and Francis Dickinson have quit the German bank to join Bank of America and Barclays Capital respectively. According to sources close to Deutsche, the departures have been triggered by on-going cost-cutting at the bank, […]

Eversheds is top choice on Twenty-First Artists sale

The sale of Elton John’s management company Twenty-First Artists to the Sanctuary Group became a partner reunion for the defunct London firm Frere Cholmeley Bischoff. Eversheds advised the Twenty-First Artists shareholders Elton John, his manager Frank Presland and tour director Keith Bradley. Sanctuary’s longstanding adviser Ian Rosenblatt acted for the record company. Eversheds’ instruction came […]

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