Reed Smith bolsters NY practice with Dorsey hire

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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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Trio of firms primed to push bids on potential £3bn RBS division sell-off

CLIFFORD Chance, Freshfields Bruckhaus Deringer and Weil Gotshal & Manges have lined up to represent competing bidders on the auction of RBS’s ­payment processing arm, with Linklaters winning the mandate on the sale side. Linklaters corporate partner Matthew Middleditch is understood to be leading for RBS on the auction as the bank readies itself to sell off its Global Merchant […]

Postcard from…Brussels

“I only meant to stay for six months” is a common refrain among non-Belgians here in Brussels, a city where people come for work and stay for the lifestyle in a place that has much more to offer than waffles, chocolate and Tintin. Brussels is a good city to visit, but a great place to […]

Howard Morris
20

Dentons prepares to seal transatlantic merger with Sonnenschein

Denton Wilde Sapte is to merge with US firm Sonnenschein Nath & Rosenthal in a deal that will create a £500m firm with 1,400 lawyers. Partners at the respective firms were informed of the proposal this afternoon and will be asked to vote on the matter on 9 June. If successful the firms will join […]

1

Slaughters halts ‘Viking raider’ with High Court assets freeze

SLAUGHTER and May has secured a High Court freezing order against the assets of Jón Ásgeir Jóhannesson, the former executive ­chairman of retail investor Baugur, on behalf of Icelandic bank Glitnir. Partner Deborah Finkler was instructed by the resolution committee of the Icelandic bank to secure the freezing order against its one-time principal shareholder, who is also facing a $2bn (£1.38bn) claim from […]

6

Pannone senior partner Kingsley leaves firm after three decades

Pannone senior partner Joy Kingsley is leaving the Manchester firm after 32 years to join local rival JMW Solicitors. Kingsley will leave Pannone in June and become senior partner at the £9m turnover firm from September, in what is a newly created role there. JMW managing partner Bill Jones said: “JMW is at the forefront […]

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