Magister ups Kiev banking presence

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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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Plea for understanding as conference shines a light on ‘third legal community’

For years they were the poor relations of the legal world, earning less and working fewer hours than their illustrious counterparts in City firms. For years they were the poor relations of the legal world, earning less and working fewer hours than their illustrious counterparts in City firms. But now in-house lawyers are demanding greater […]

New London offices and hires for Pitmans

Thames Valley firm Pitmans is ramping up its two-year-old London operation with two senior hires and a move to more spacious offices. THAMES Valley firm Pitmans is ramping up its two-year-old London operation with two senior hires and a move to more spacious offices. The firm has hired insolvency and recovery partner Ian Searle from […]

Victimisation case put on hold

Dickinson Dees, Hammonds and Pinsent Masons are facing an employment tribunal claim from a lawyer formerly at all three firms – but will now have to wait until September. The trio was supposed to be going before a tribunal in January after ex-employee Rachel Clarke alleged that she had been victimised by all three firms […]

Magic circle moves into middle lane as banking bubble bursts

Can mid-sized firms fight back as the UK elite elbow their way into midmarket? At The Lawyer’s Hot 100 party, held at the Royal Exchange last month, a group of leveraged finance lawyers were standing at the bar ruefully exchanging experiences. Banking lawyers are still working, it’s just a rather different landscape; and a consensus […]

Cadwalader in shock raid for Latham private equity chief

Cadwalader Wickersham & Taft made a spectacular raid on the New York office of Latham & Watkins yesterday (6 February), snaring the latter’s global head of private equity, Ronald Hopkinson. One M&A partner at a rival firm described Hopkinson’s move as absolutely astonishing, adding “you could not overplay its significance”. Hopkinson’s clients include private equity […]

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