Milbank makes state prosecutor NY partner

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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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Fare's fair

God help City lawyers trying to get a cab anywhere near London Wall. Apparently one can’t be found for love nor money because they’re all lined up outside Clifford Chance. Not to be foiled by this little problem, a rather smart Camerons assistant came up with a clever solution. He decided to saunter down to […]

Carey Langlois and Olsens join forces

Carey Langlois and Olsens have merged to create the largest firm in the Channel Islands. The new firm will be called Carey Olsen and will comprise 120 lawyers, including 25 partners based in Jersey, Guernsey and London. First revealed on www.thelawyer.com/lawyernews 4 February

Morgan Lewis in Brobeck raid

Agreement sees three offices and around 50 partners join former merger partner Morgan Lewis & Bockius has emerged from the Brobeck Phleger & Harrison debacle with three offices and around 50 partners after tying down an agreement last night.Morgan Lewis, which pulled out of merger talks with Brobeck last week triggering the West Coast firm’s […]

UK opposes EU takeover directive

The EU's revised take-over directive is facing new obstacles following an unexpected decision by the UK to side with Germany in opposing a number of key aspects of the proposal

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