Norton Rose acts in £1bn Citigroup call

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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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Collyer-Bristow latest to benefit from Edward Lewis break-up

Stephen Rosen is both Rayners’ managing partner and its head of litigation. He was a leading figure at the 10-partner City firm, which specialises in commercial litigation, commercial property and corporate work, and joins Collyer-Bristow as the head of its banking department today (Monday). The lawyers from Edward Lewis will join at the end of […]

Colin Armstrong

Abigail Townsend meets Colin Armstrong, a lawyer who turned down partnership for life in-house. Colin Armstrong, Northern Leisure’s new head of legal affairs, knows what life is like on both sides of the fence. He began his career working in private practice, but when he was offered partnership at Berwin Leighton in 1997, Armstrong decided […]

The French connection

On 1 October last year Paris information technology firm FG Associes moved its clientele and expertise across the Champs Elysees to join large international firm Salans Hertzfeld & Heilbronn HRK. With a reputation which was the envy of its competitors and boasted major international clients, the move was a surprise, even in an increasingly international […]

…as M&A expert quits for Baker & McKenzie

Rowe & Maw has lost its second partner this week, this time to Baker & McKenzie. Bernd Ratzke, a corporate partner specialising in M&A and cross-border transactions at Rowe & Maw, is leaving the firm after 11 years. Ratzke says: “Rowe & Maw has done extraordinarily well in the last few years, especially in corporate, […]

Drugs giants merger fees may hit £30m

Slaughter and May and Linklaters & Alliance could earn an estimated £30m in fees from the merger of drugs giants SmithKline Beecham and Glaxo Wellcome. The £114bn merger is one of the world’s largest. SmithKline Beecham and Glaxo Wellcome are long-term clients of Linklaters and Slaughters respectively. Slaughters’ seven-strong team is led by corporate partners […]

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