McGrigors buys out Reid Minty

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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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Shrubsall, aka Nostradamus

One Essex Court senior clerk Paul Shrubsall went into semi-retirement last Thursday (31 July) and was invited to speak at the Institute of Barristers’ Clerks’ (IBC) annual ­dinner for his swan song. Tulkinghorn, as usual, was there in spirit, ­watching and listening through the eyes and ears of one of his spies. The mole reported […]

Separated at birth

Radio DJ Simon Bates has gone from strength to strength since leaving BBC Radio in the 1990s. In the guise of Nick Land, he has landed spots on the boards of Vodafone and Royal Dutch Shell, as well as The Lawyer Awards judging panel a couple of years ago, but most recently reached the ­pinnacle […]

UBS fraud case is ‘frankly, terrifying’

One of Debevoise & Plimpton’s top litigators has swung into action on behalf of beleaguered investment bank UBS. DEBEVOISE & PLIMPTON Top litigator’s hire highlights gravity of charges One of Debevoise & Plimpton’s top litigators has swung into action on behalf of beleaguered investment bank UBS. Mary Jo White, the chair of Debevoise’s litigation department, […]

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XXIV woos silk from Two Temple Gardens

Commercial chancery set XXIV Old Buildings has snared Michael Black QC of Two Temple Gardens – the silk who drafted the court procedure ;rules ;for the Dubai International ­Financial Centre. Black, who took silk in 1995, headed Temple’s ­international arbitration and projects group. XXIV practice director Nicholas Luckman said that Black’s practice, which includes construction […]

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DLA, Links, Lovells see trainee retention dive

DLA Piper sends NQs to Middle East as credit crunch bites Trainee retention rates at a number of leading firms have plummeted as worsening economic conditions hit the employment market. DLA Piper, Linklaters, Lovells and McGrigors have all seen significant decreases in trainee retention, with Bevan Brittan coming in ­second from bottom of the list after retaining […]

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