Old Square double hire boosts national presence

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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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Firms unite for competition pro bono effort

Twenty-one law firms have clubbed together to launch a pro bono scheme offering free advice on competition law issues. The scheme, which has been developed with the assistance of LawWorks (formerly the Solicitors’ Pro Bono Group), was unveiled today (9 October) and can be accessed via the Office of Fair Trading’s website. Stakeholders in the […]

CC finance heads set for four more years

Clifford Chance is set to confirm Mark Campbell and David Dunnigan for another four years as heads of banking and capital markets. Partners were informed today that after the close of the nominations, no candidates had come forward to stand against the incumbents. There is now the formal process of a vote to confirm the […]

Australian law firms to make IPO history

Three small West Australian firms are set to make legal history with a proposed IPO and listing on the Australian Stock Exchange (ASX). Perth-based Integrated Legal Holdings (ILH) plans to raise $14m (£5.6m) through the IPO and intends listing on the ASX on 12 December according to a prospectus filed with the ASX on Monday […]

Usual suspects win work on Harrah’s bid

There were no surprises on last week’s private equity mega bid. When Apollo Management and Texas Pacific announced a $15bn (£7.97bn) bid for the US’s largest casino operator Harrah’s, all eyes were on their longstanding counsel. It was a safe bet. Cleary Gottlieb Steen & Hamilton confirmed that it is acting for Texas Pacific, while […]

Shook Hardy & Bacon

Litigation powerhouse Shook Hardy & Bacon has a very simple strategy. Litigation powerhouse Shook Hardy & Bacon has a very simple strategy. “We plan to stick to our knitting,” says the firm’s chairman John Murphy. “Around 90 per cent of our work is complex litigation; that’s what we’re known for and that’s what we intend […]

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