Morgan Lewis signs Simmons’ Tokyo ally

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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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Government set to launch sweeping reforms of TCC

The Technology and Construction Court (TCC) will next week launch a new guide to the court following a sweeping review designed to improve its reputation. TCC head Mr Justice Jackson will launch the guide on Monday (3 October), nearly four months after the Lord Chancellor and Lord Chief Justice announced major changes to the way […]

Skadden and Linklaters scoop £7.4bn Gazprom roles

Skadden Arps Slate Meagher & Flom advised Roman Abramovich on the $13.1bn (£7.4bn) sale of oil producer Sibneft to Gazprom, which was advised by Linklaters. Skadden again acted for Russian billionaire and Cheslea FC owner Abramovich, the majority shareholder of Sibneft, as his investment company Millhouse Capital sold its 73 per cent stake in Russia’s […]

Norton Rose bags Axa’s co-head of legal

Norton Rose bags Axa’s co-head of legal” />Norton Rose has hired insurance giant Axa’s UK co-head of legal in a move to reaffirm its place as one of the company’s key advisers. Noleen John (left) joins the firm as a part-time consultant in the corporate insurance team. She was head of the Axa UK Group […]

DAC London scores £45m hotel remit in Jersey

Davies Arnold Cooper’s (DAC) London office has secured an instruction on a £45m hotel development at St Helier in Jersey from Jersey Waterfront Hotel Holding. Property finance partner Paul McCartney acted in the negotiation of a 20-year management contract with Radisson SAS, while senior construction associate Elliot Lewis negotiated the building contract. DAC worked with […]

Legal Widow

If, like my husband’s, your firm is located somewhere in the outer reaches of Siberia, it is not only cold in winter – and I mean that as much in a metaphorical, Now, Voyager sense as in the “really wish I’d installed underfloor heating when we did the kitchen” sense – it is also a […]

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