Olswang takes on Biddle's head of media

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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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National power

National Power’s demerger has been a year in the making. The idea of splitting off the company’s domestic concerns from its international operations was floated in September 1998. Linklaters & Alliance, long-time adviser to National Power, conducted a feasibility survey with Schroders Salomon Smith Barney on the possibility of a demerger. Corporate partner Tim Clarke […]

CORPORATE

National Power demerges UK business. National Power advised by Linklaters (Tim Clarke).

Chadbourne Insurance boosts team

New York firm Chadbourne & Parke is hiring a top in-house lawyer to boost its insurance and reinsurance practice. Michael Skay, ex-senior vice-president and deputy general counsel at Bermuda company Partner Reinsurance Company, is joining as counsel at the firm’s New York office after 17 years in-house. Skay’s arrival will help boost the firm after […]

World Online

World Online may be doing battle with its investors, but that has not stopped it hooking up with Italian internet operator Tiscali. The £5.9bn deal comes only months after World Online’s much-hyped IPO on the Amsterdam Stock Exchange. Investors are claiming that the company did not present all the evidence it should have in its […]

Barracuda

Barracuda and PPM Ventures buy Ambishus Pub Company for £38.2m. Barracuda and PPM Ventures advised by Clifford Chance (Simon Tinkler). Ambishus represented by CMS Cameron McKenna (Andrew Sheach). The Bank of Scotland provided senior debt, advised by DLA (Philip Butler).

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