Property partners seek new model

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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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Arbitrary decision

Firms and sets may look at Saudi as a golden ticket, but the country is still wrestling with the creation of a credible legal system that will satisfy international business. News that Outer Temple Chambers has singled out the Kingdom of Saudi ­Arabia as the next string to its Middle East bow is reflective not […]

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New House

Like many of London’s litigators, Allen & Overy (A&O) head of litigation Tim House is optimistic about the forthcoming year. Despite a global redundancy programme that saw 47 partners and 200 fee earners part company with the firm, the litigation practice continues to grow. “All offices are up on last year and all performed ahead […]

Freshfields’ banking ambition takes further knock as duo quits

Just one day after TheLawyer.com reported (3 August) that Maurice Allen and Mike Goetz were leaving Freshfields Bruckhaus Derigner, a headhunter was already emailing senior City banking lawyers about a position that was ­available in a firm with a £1.44m average profit per equity partner (PEP) – the exact number that Freshfields posted this year. […]

Beachcroft adds health team to nascent Dublin office

Beachcroft has bolstered its fledgling Dublin office with the hire of a four-strong team from local Irish firms. Clinical negligence partner Ann O’Driscoll joins the firm from Mason Hayes & Curran along with solicitors Claire Foley, Suzanne O’Keeffe and legal executive Ciara Palmer. They join from William Fry, BCM Hanby Wallace and Mason Hayes respectively. […]

On the case-load

While most litigators and barristers are taking a well-earned break from the daily grind, those still in London are reporting a sudden surge of instructions. One litigator, due to fly out to South West France on Friday, assures us that his holiday will be interrupted due to the eight major instructions on major cases that […]

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