Lovells steps in to Second Life for pro bono fiesta

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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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Cads: hiring, not firing

Any Cadwalader associates out there can, it seems, rest easy. The US firm known for having one of the largest structured finance practices in the country is not looking to lay off anybody. Not now, not later. That, at least, is the story from management committee member and litigation chairman Greg Markel. Last Friday (9 […]

Wragges predicts £127m turnover and £470k PEP

Birmingham-based firm Wragge & Co is predicting a 15 per cent hike in turnover at the half-year level, doubling the rate of growth at this time last year. The figures are based upon work done rather than bills delivered and manging partner Quentin Poole told The Lawyer that there were good growth levels across the […]

Shearman’s Moore withdraws Freshfields claim

Former Freshfields Bruckhaus Deringer partner Lois Moore has dropped the age discrimination claim against her former firm, The Lawyer can reveal. The news will be a fillip to the firm, which has had to face at least three claims from former partners following the controversial pension reforms that were undertaken in 2006 to get rid […]

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Mayer Brown promotions bonanza sparks debate over partner status

Mayer Brown promotions bonanza sparks debate over partner status” />News that Mayer Brown has made up a bumper crop of new partners in London has met with a mixed response in the marketplace, with users of TheLawyer.com engaging in a heated debate about the firm. As first reported on www.the lawyer.com (29 October), the firm […]

Ireland: market expansion

The push to make Ireland attractive to the global business market has turned it into more than just an administrative back office, says Fintan Clancy The ‘Ireland Inc’ concept was developed in the late 1980s to indicate the social partners in Ireland coming together to develop strategies to advance the country economically. There were many […]

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