Postcard from… Saudi Arabia

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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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Lovells, Freshfields, White & Case secure major German energy deal

Freshfields Bruckhaus Deringer, Lovells and White & Case have advised on a major deal that is set to transform the German ­energy market. The firms worked on the acquisition by a joint venture – made up of Australian investor Industry Funds Management (IFM) and its partner and owner of the Belgian high voltage grid Elia […]

Rosenblatt and One Essex Court seal victory for Tullett in staff poaching dispute

The High Court today ruled that broker BGC Partners acted unlawfully when it conspired to poach senior staff from rival Tullett Prebon. Rosenblatt Solicitors partner Clive Hyer instructed One Essex Court’s Jeffery Onions QC to act for Tullett Prebon in the case. The action was launched against BGC Partners and former senior Tullett Prebon executive […]

Addleshaws promotes five in latest partnership round

Addleshaw Goddard has promoted five lawyers to partner, shrinking its round for the second year running. Last year seven lawyers were made up at the firm, down from nine the previous year (26 March 2009). Two of this year’s group are from the firm’s contentious practice, one from business support and restructuring (BSR), one from […]

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US firms likely to eclipse UK players in race to conquer Indian market

Lower fees and exclusive tie-ups mean US firms could steal a march on their UK counterparts when it comes to gaining a firm footing in the Indian market. Research from RSG Consulting has revealed that while UK firms are still the most visible in India, the amount of US investment in and out of India […]

What would Ken Barlow think?

When Tracy Barlow was jailed for bludgeoning her boyfriend Charlie Stubbs to death, who did the Coronation Street scriptwriters turn to for advice on her sentencing? The answer is Paul Dockery, criminal barrister at Manchester set 18 St John Chambers. For six years, Dockery has advised the people behind Corrie on all things legal, from […]

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