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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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Sales of the Century

In the first ever comprehensive of UK IPOs, Abigail Townsend and Chris Brock chart a dramatic and volatile eighteen months and look at which law firms are emerging as the market leaders ” The South Seas Bubble of the 1700s is the nearest thing you can get to this.” This is Freshfields Bruckhaus Deringer’s corporate […]

City firms to help war torn countries

Chair of the business law section J William Rowley QC made the announcement at the opening ceremony, saying that the contribution is inline with the interests of the group. He says: “Investment will not come without protection.” The consortium was the brainchild of the IBA’s new executive director, Mark Ellis, three years ago and will […]

Lagerlöf partners quit pre Linklaters merger

Swedish firm Lagerlöf & Leman has lost half of its Gothenburg partners following a dispute about the proposed merger with Linklaters & Alliance. The departures mean the firm will drop its bankruptcy practice to fit in with Linklaters’ core business. Senior partners Tomas Setterberg, Johan Wilterns and Anders Bengtsson are quitting for Swedish practice Setterwalls […]

New global director for Andersen Legal

Andersen Legal has appointed the chairman of its associated law firm in Scotland, Dundas & Wilson, to be its worldwide practice director. Neil Cochran, who is UK legal practice director for Garretts, will take responsibility for all firms in the Andersen Legal network while retaining his existing roles. Andersen Legal’s chief executive Alberto Terol says: […]

DLA applies to practise in Shanghai

DLA is applying for a licence to open an office in Shanghai, following its merger with Hong Kong firm Lui & Carey Dibbs at the end of last year. “While Hong Kong is an international centre, it is now part of China,” says DLA managing partner Nigel Knowles. “Shanghai is the domestic centre, and we […]

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