Maclay partner takes up GC role at Wood Group

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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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MAB woos former Sprecher Grier litigation chief

Matthew Arnold & Baldwin (MAB) has raided City firm Sprecher Grier Halberstam for its former head of litigation Jonathan Sachs. MAB managing partner Iain Donaldson said the hire was part of a firmwide ­strategy to build a litigation offering that targets clients in the banking and finance markets. MAB’s clients include Barclays and RBS. “I […]

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Attorney general eases up on bar diversity stats

The attorney general’s office has dropped demands on bar members of the Treasury Solicitor Panel of Counsel to disclose equality and diversity credentials. The measures, which were brought in last year under Labour attorney general Baroness Scotland, required all sets with even one barrister on the panel to provide documentation proving they had progressive diversity […]

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Shearman, Slaughters and Weil advise on sale of Liverpool FC

Shearman & Sterling, Slaughter and May and Weil Gotshal & Manges have netted the prize roles on the proposed takeover of Liverpool Football Club by the owner of US baseball franchise the Boston Red Sox. European managing partner Creighton Condon is understood to be leading the Shearman team acting for longstanding client New England Sports […]

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BLG financial services head quits for Taylor Wessing

Barlow Lyde & Gilbert financial services chief Tim Strong has left to join Taylor Wessing less than a year after the firm created the specialised practice area. Strong’s departure follows that of regulatory partner Ian Mason, who left BLG’s financial services group to join Baker & McKenzie in March (22 March 2010). Strong had been […]

Cravath elects new litigation chief

One of Cravath Swaine & Moore’s longest-serving members of management stood down at the end of last month as part of a wider-ranging shake-up of senior roles at the US firm. Litigation department head Rich Clary, group leader for five years, stood down on 20 September in favour of Sandra Goldstein. Prior to taking over […]

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