Profession 'failing ethnic minorities'

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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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Tony Williams steps down…

Clifford Chance managing partner Tony Williams is stepping down from his high-profile role following the firm’s decision to merge with Rogers & Wells. He is only two years into his five-year term but denies rumours circulated by rival firms that he has been sidelined in the new expansion. “I have had a couple of very […]

US giant Latham & Watkins plots merger with City firm

The fourth largest US law firm, Latham & Watkins, is looking to merge with a London firm – and Linklaters is being mooted as a possible partner. City firm Linklaters has met with partners from the Los Angeles-based US giant, which visited London on a factfinding mission. Latham & Watkins has 1,000 lawyers and a […]

The professions should join forces

It was recently reported the American Bar Association (ABA) had decided to relax the rules allowing multidisciplinary partnerships (MDPs). However, it also appeared that the executive summary was that other professions that wanted to join would have to abide by ABA rules. It is arguable that in the US the lawyers are in the driving […]

Husband and wife team quit 'difficult' Simmons

Simmons & Simmons is losing a husband and wife team in its commercial property department to Taylor Joynson Garrett. Mark Austin and Jane McKee, both partners in Simmons & Simmons’ commercial property department, will join Taylors Joynson Garrett’s 25-strong team in early September. Austin, who will take a step down to senior associate level when […]

Flotations & Financing

Michael Brader, corporate partner at Olswang, led a team acting for Inter-Europe.Com on its equity investment of £1.75m from Atlas Venture Fund and Botts Capital Nominees. An SJ Berwin & Co team, led by Martin Bowen, advised the investors.

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