Mourant ships in two for City boost

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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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Dewey first to hike UK associate salaries

Dewey Ballantine is the first US firm to announce that its recent pay hike for associates will apply firmwide, including in London. Dewey last night confirmed that it would match the rate set earlier this week by Simpson Thacher & Bartlett for its New York-based associates, with first year associates receiving a base salary of […]

Simmons shrugs off MoD panel dismissal with role on £16bn project

Simmons & Simmons has managed to retain its leading role on one of the Ministry of Defence’s (MoD) biggest-ever outsourcing deals, despite being booted off the panel last year. The firm is advising the MoD on its new £16bn training programme, which has been outsourced to a joint venture consortium led by QinetiQ and Land […]

What knot to wear

The knots one can get oneself into in these sartorially disparate days. Evidence of the clothing conundrums was on show at The Lawyer‘s recent Hot 100 party. Despite being tagged as ‘hot’, there remains immense pressure on those warmer-than-usual shoulders to strike the right fashion note, even for those who were nominated in the distant […]

Court of Appeal hit by redundancies

The Court of Appeal saw an increase in its workload last year, but will still be forced to make redundancies due to financial restraints, it has been revealed. The court’s 44-page annual report shows that 1,200 appeals were set down for the year ending September 2006 – a 1 per cent increase compared with the […]

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