Macfarlanes reacts to downturn with redundancy consultation

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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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TfL’s Gareth John takes up GC role at Sodexo

Transport for London’s (TfL) director of compliance Gareth John has left the company to take up the general counsel role at facilities management services provider Sodexo. John will be in charge of Sodexo’s UK and Ireland operations, heading a team of around six qualified lawyers. It is understood that TfL will advertise to find a […]

Debevoise sues lawyer for confidence breach

US firm Debevoise & Plimpton has launched a legal claim against solicitor Joan Leopold in relation to work she undertook for the firm in 2007. Debevoise alleges that Leopold ;breached ;a ­confidentiality agreement concerning ;work ;she ­handled for the firm over a three-month period. Leopold, who works from offices in Hendon, North London, was engaged […]

Links and Slaughters lead on RBS China sell off

Linklaters and Slaughters have been handed roles on RBS’s $2.34bn (£1.6bn) sale of its entire stake in Bank of China, raising $2.34bn (£1.6bn) for the troubled lender. Linklaters and Slaughter and May have been handed roles on Royal Bank of Scotland’s $2.34bn (£1.6bn) sale of its entire stake in Bank of China, raising $2.34bn (£1.6bn) […]

Kueppers in the frame to take over from Seisler

Lovells Germany tax head Christoph Kueppers looks set to replace Harald Seisler as Continental Europe managing partner after the firm’s partnership council recommended him for the post. Lovells Germany tax head Christoph Kueppers looks set to replace Harald Seisler ;as ;Continental Europe managing partner after the firm’s partnership council recommended him for the post. Düsseldorf-based Kueppers was […]

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Freshfields out in the cold as L&G unveils new panel

Magic circle firm ditched despite FSA triumph; BLP clings on after Veneik debacle. Allen & Overy (A&O) has usurped Freshfields Bruckhaus Deringer on Legal & General’s (L&G) panel after the insurer completed a full review of its legal advisers. Freshfields is the only magic circle firm not to win a place on the new three-year […]

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