Pinsents’ partnership round up by 66 per cent

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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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‘Greedy’ firms slammed as extent of miners’ fee scandal is revealed

Lord Lofthouse of Pontefract has been leading the campaign to bring to account law firms that have “taken monetary advantage of the coalminers’ dire situation”. His crusade is now coming to a head, as he is on the verge of presenting a “damning report” to the Government and the House of Lords, which he believes […]

CC boosts associate salaries by 15 per cent

Clifford Chance has today announced that it has increased its London lawyers’ salaries by around 15 per cent. Clifford Chance head of HR expertise Mark Spivey told The Lawyer: “We always keep a watch on the market and when we talk to existing lawyers at the firm and future lawyers, salary, bonus and career development […]

A&O scoops Alliance-Boots mandate

Allen & Overy (A&O) has clawed back its relationship with high street giant and takeover target Alliance-Boots, advising it on the Office of Fair Trading’s (OFT) investigation into medicine distribution, which was announced on 4 April. A&O and Slaughter and May have been battling it out to be primary counsel to Alliance-Boots since last September […]

Awaking liberties

Italy’s government is set on liberalising its economy, but some proposed changes are more welcomed than others, says Leah Dunlop

Egorov chairman handed Rusal board seat

The chairman of Russian firm Egorov Puginsky Afanasiev & Partners has been appointed to the board of directors of the world’s largest aluminium producer, United Company Rusal (UC Rusal). The news comes with the revelation that Linklaters helped to seal the merger between mining companies Rusal, Sual and Glencore to create UC Rusal. Egorov chairman […]

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