Norton Rose advises Marriott and Orion on Mayfair property purchase

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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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Brown envelope at airport sees Tower Snow come down to earth with a bump

Ex-Brobeck Phleger & Harrison chairman Tower Snow has been expelled from the firm following the leak of the attempted 35-partner exodus to Clifford Chance, which he led As revealed on www. thelawyer.com/lawyernews, Snow was met from a flight to San Francisco by a gate agent who handed him an envelope containing the news that he […]

Deals summary

SJ Berwin (Jon Vivian) acted for Brixton plc on the £51m disposal of two properties, in Milton Keynes and New Southgate, to Pearl Assurance. CMS Cameron McKenna (Mark Heighton) acted for Pearl. McGrigor Donald (Michael Watson) acted for the Royal Bank of Scotland on the Cheshire Police Authority’s first PPP deal, the £40m construction of […]

Future of Eversheds’ Derby office in doubt

Twenty lawyers at Ever-sheds’ Derby office have been transferred to Nottingham in what looks to be a precursor to the eventual closure of the office The team of four partners, 12 associates and assistants and four trainees is currently moving premises, along with some support staff. In the interim, business staff from the Nottingham office […]

Stephenson Harwood and Dechert make layoffs

Stephenson Harwood and Dechert are making redundancies, blaming their decisions in part on post-merger restructuring Stephenson Harwood, which has just taken over Sinclair Roche & Temperley, is to make 14 lawyers and 20 support staff drawn from across both firms redundant.Dechert is negotiating redundancy packages with three assistants, one paralegal and 10 support staff.Chief executive […]

Shearmans lands CC competition ace

Shearman & Sterling has taken on Clifford Chance senior associate and French competition law expert Jean-Mathieu Cot Cot’s move follows Clifford Chance‘s raid on Herbert Smith’s Paris office, which saw highly-rated competition partners Claude Lazarus and Michel Debroux defect to Clifford Chance.Cot, who is dual-qualified in French and US law, will join Shearmans as European […]

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