Lovells signs up Accor counsel for Paris practice

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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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Turnover up 10 per cent at BLP

Berwin Leighton Paisner (BLP) has announced a turnover climb of 10 per cent to £186m from £169m last year. The majority of the growth was driven by tax, corporate and litigation, whereas real estate fared less well at growth of only around 5 per cent. Managing partner Neville Eisenberg said: “Unsurprisingly in the first half […]

Clifford Chance turnover up 11 per cent

Clifford Chance turnover up 11 per cent” />Clifford Chance is the first magic circle firm to announce its financial figures for the 2007-08 year, posting an 11 per cent revenue increase and 13 per cent rise in profit per equity partner (PEP). Over the course of the year the firm turned over £1.33bn, up from […]

Clifford Chance leads on $1.15bn Kuwaiti LSE float

Clifford Chance has snared a lead role on a $1.15bn (£580m) Kuwaiti listing on the London Stock Exchange. Clifford Chance partners Simon Sinclair and Robert Trefney led the firm’s team advising Kuwaiti investment company Global Investment House on the listing of global depository receipts in London. This is the first listing of its type for […]

F&C harasses tribunals

McDermott Will & Emery employment partner David Dalgarno has pitched himself squarely against the Employment Tribunal. Dissatisfied with its decision to uphold Gillian Switalski’s £13.4m sexual harassment claim against his client, F&C Asset Management, Dalgarno took the case to the Employment Appeal Tribunal to have the judgment quashed. But F&C lost. Despite losing in two […]

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Salans eyes Beijing after opening in Hong Kong

Salans is set to launch an office in Hong Kong and is planning for another in Beijing. The firm expects to be up and running in Hong Kong within a few weeks and has secured two lateral partner hires for the launch. Salans hopes a presence in Hong Kong will complement its office in Shanghai. […]

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