Norton Rose-Gaedertz merger breaks down

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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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Testing the mettle

Steel producer Ispat International had to rely heavily on its in-house legal team due to the technical nature of the business. But that is not to say it won’t look at outside firms- in fact, it probably knows them all. Vanessa Pawsey investigates. In a world increasingly dominated by high-tech developments, the manufacturing industry may […]

Skadden Arps Poach Sports Supremo

Jeffrey Mishkin represented several sports leagues as a partner at Proskauer Rose before joining the NBA in 1992. He joins Skadden Arps on 1 January. Skadden Arps executive partner. Robert Sheehan describes Mishkin as “one of the leading sports lawyers in the United States” and says he will be a great addition to the firm’s […]

DaimlerChrysler

DaimlerChrysler UK acquires Lex Autosales for £17.95m from Lex Service. Lex Autosales advised by Berwin Leighton (Jonathon Cane) and Pinsent Curtis (John Edwards). DaimlerChrysler UK represented by Howes Percival (Brandon Ransley).

Technology, Media and telecoms

IT management consultancy business Charteris floats on the alternative investment market (AlM). Issuer advised by Masons (Russell Booker). Nominated adviser and broker Teather & Greenwood represented by Gouldens (John Phillips).

Three Internet Deals For Manches in Three Weeks

The firm’s latest deal involved advising Musicunsigned Ltd (www.musicunsigned.com) – the internet company which promotes unsigned artists via the web – on a venture capital deal with a private investor. The internet deals from the previous fortnight involved Marks & Spencer and Moss Bros. “We have seen an explosion of Internet business this autumn,” says […]

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