Norton Rose moots four-day week to save jobs

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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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Hammonds’ drawings fight nears closure

Hammonds has settled with seven out of eight former ­partners involved in a £1.7m profits dispute with the firm, days before a cost hearing was due following a High Court clash. The firm has settled with former partners Marija Danilunas, John Deacon, Mark Hilton, Jonathan Hosie, Simon Palmer, Martin Thomas and Stephen Tupper. David Jones […]

Ashurst makes second major foray into Libya

Ashurst is homing in on the Libyan market after completing its second part-nationalisation in the oil and gas sector there in a month. Ashurst is homing in on the Libyan market after completing its second part-nationalisation in the oil and gas sector there in a month. The firm advised National Oil Corporation of Libya (NOC) […]

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Camerons institutes de-equitisation plan

CMS Cameron McKenna is asking partners to ­volunteer for de-equitisation as part of the ongoing shake-up of its partnership. CMS Cameron McKenna is ;asking ;partners ;to ­volunteer for de-equitisation as part of the ongoing shake-up of its partnership. At a meeting earlier this month partners in recession-hit departments were asked if they were willing to leave the lockstep […]

‘The tragedy of the French waiters’

Lawyers go undercover in Cannes and tell us what’s happening at Mipim. Who’s there this year and who’s stayed away? Where are the yachts? And what did Boris say on the London stand? ‘The tragedy of the French waiters’Thursday 12 March 3pmGraham Prentice, real estate partner, Dewey & LeBoeuf Wednesday and Thursday are traditionally the […]

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Lawyer 2B shows A-level students the way

Most law firms say they want to attract more diverse bodies of trainees from ­outside the traditional talent pools, but the majority of diversity programmes still focus primarily on attracting university students. The problem with this is that by the time firms come into contact with university students, a raft of potentially promising future lawyers […]

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