Manchester merger to create giant chambers

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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 […]

Recommended

Innogy in-housers survive takeover

The in-house legal department at FSTE 100 utilities giant Innogy will remain intact following the takeover by German conglomerate RWE. The company’s most senior lawyer Mike Bowden will also retain his place on the board.Bowden, the company secretary and managing director of corporate services, was appointed to the board in February, just a month before […]

Lawyers who lunch

Tulkinghorn sometimes finds the modern world of law a little frenetic, and the pace of it tends to trigger his gout. So it was a relief to receive the following press release:“Southampton solicitors Paris Smith & Randall (PS&R) hosted lunch at the Friends Provident Saint Mary’s Stadium, their guests Morris Dibben enjoyed lunch in the […]

I'll just get my coat

For all of you who didn’t attend The Lawyer Hot 100 party you will have seen from the photographs last week what a glittering occasion it was. An excuse for people to get together, chew the fat, catch up on news and drink as much as is humanly possible.Take defamation lawyer David Price for example, […]

A&O elects five new members to board

Allen & Overy has appointed the five new directors for its management board, following a competitive election process involving 14 partners.Managing partner John Rink, senior partner Guy Beringer and finance director Ian Dinwiddie were automatically included on the board.The five elected directors are London-based partners Anne Baldock and Jonathan Brayne, Belgian partner Wim Dejonghe, Dutch […]

Deals Summary

Norton Rose (Carol Roberts) is acting for Italian export credit agency Sace on a $1.1bn (£771.4m) recourse financing of Rio Polimeros’ polyethelene plant, which is being constructed in Rio de Janeiro, Brazil. Clifford Chance is advising Rio Polimeros. Chiomenti is advising BNP Paribas, which is leading a syndicate of lenders under the export credit guarantee […]

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