New QC scoops Whiter Shade of Pale case

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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

Bingham launches in Hong Kong

Bingham McCutchen is to increase its Asian practice by opening a three-lawyer Hong Kong office. US-qualified finance partner Catherine Walters will head to Hong Kong for the 1 January opening, with two associates including Angeli Arora, whose clients include the hedge funds that Bingham is hoping to service. Bingham will look to replicate its London […]

Shadbolt targets Middle East for network growth

City construction boutique Shadbolt & Co is looking to expand its international network into the Middle East. The firm, which posted a 28 per cent increase in its revenue for 2005-06, from £9.8m to £12.5m, is targeting expansion in the region to capitalise on the PPP and construction industries. Shadbolt chair Liz Jenkins told The […]

Linklaters, Travers land roles on Peel’s sale to RREEF

Linklaters and Travers Smith scored lead roles on the latest infrastructure deal, acting on ports owner Peel Group’s disposal of a significant stake to RREEF. Peel is understood to be valued at £1.6bn. The auction, involving Peel’s sale of a 49 per cent stake, saw RREEF, an infrastructure fund controlled by Deutsche Bank, defend a […]

NYSE Group lands new legal chief

The parent group of the New York Stock Exchange (NYSE) has named its new general counsel, taking the former legal head of Citigroup International. Rachel Robbins, former general counsel of all of Citigroup’s non-US operations, takes over the top legal job at NYSE Group from Richard Bernard, who retired earlier this year after 10 years […]

Akin and Sidley snare £14bn Clear Channel deal

Akin Gump and Sidley Austin secured the key roles among another five firms that have scored instructions on the $26.7bn (£14.03bn) buyout of Clear Channel, America’s largest radio station owner. Akin Gump Strauss Hauer & Feld, Sidley Austin, Ropes & Gray, Dow Lohnes, and Wall Street stalwarts Cahill Gordon & Reindel, Sullivan & Cromwell and […]

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