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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 […]

Recommended

DEAL OF THE WEEK: E.ON/Norsk Hydro

Linklaters proves M&A prowess with Norsk deal Linklaters advised Norwegian oil and energy giant Norsk Hydro on its g3.1bn (£1.91bn) acquisition of VAW aluminium from E.ON.Although Norsk Hydro was already a Linklaters client, the instruction was significant because it consolidated Linklaters’ rising status for M&A in Germany.The deal was Norsk Hydro’s largest acquisition and was […]

Govt drops sedition charges in Malaysia

The Malaysian government has dropped sedition charges against Karpal Singh, the first lawyer ever to be prosecuted for statements made during a trial The longstanding charges related to Singh’s defence of the deposed Malaysian deputy prime minister, but were dropped last week after pressure from the International Bar Association (IBA) and other legal organisations.Singh defended […]

KLegal boosts asset finance with CMS man

Klegal has taken on veteran CMS Cameron McKenna asset finance partner Richard Goodman Goodman will become KLegal’s second asset finance partner as the firm targets the practice for future growth.Goodman, who has spent his entire career at Camerons, specialises in property-based financing, including large sale and leaseback deals. He will join KLegal’s other asset finance […]

What lies beneath

The law is a drug, they say. An addiction even. Nevertheless, Tulkinghorn is continually astounded at the lengths to which lawyers will go to keep up with the latest developments in their profession. Take Simon Cockshutt, one of those friendly litigation partners at Coudert Brothers. Unfortunately for him, the firm clearly doesn’t get enough copies […]

Brobeck loses four from San Fran and DC offices

Product liability litigators go it alone; founder of Washington DC office jumps ship Brobeck Phleger & Harrison has lost four partners in quick succession. John Missing, Lawrence Gornick, William Levin and Gary Fergus have all left Brobeck during the past few weeks.Product liability litigators Levin and Fergus have set up their own San Francisco practice, […]

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