Riker to expand with London office

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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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Hammonds’ lock-in “no longer needed”, Crossley

Hammonds will not renew the 14-month lock-in of its equity partners when it ends on 30 June, it emerged today (12 June). Managing partner Peter Crossley confirmed that the lock-in, instituted in May 2005, will not be extended. He said the extension was, “no longer needed to maintain the stability of the firm.” In February, […]

Lawyers get the fluids on board at England v Paraguay

On day two of the world’s greatest sporting tournament, the time had finally come for the England team to show what it was made of. By the end of the 90 minutes in 100 degree heat, that consisted of considerably less water than when they started. Elsewhere in the ground though, some of the legal […]

A&O rebuilds corporate with Gianni capture

Allen & Overy (A&O) has made its first lateral step to rebuild its Italian corporate practice with the hire of M&A specialist Giovanni Gazzaniga from Gianni Origoni Grippo & Partners. One of Gianni’s rising stars, Gazzaniga spent five years working directly under managing partner Franco Gianni. Gazzaniga is a specialist in joint venture agreements, acquisition […]

Vinson forks out $30m in Enron escape plan

Vinson & Elkins has settled to the tune of $30m (£16.09m) with Enron’s bankruptcy estate in a deal that staves off the threat of civil litigation from the company. The Texas-based firm has also written off around $4m (£2.15m) in fees that it was owed by Enron, while the US media reported the settlement payment […]

Kirkland rues Sprayregen’s Goldman exit

US firm Kirkland & Ellis has been hit by the departure of Chicago-based superstar and head of bankruptcy and restructuring James Sprayregen. Sprayregen, who has been with the US firm for 16 years, will leave early next month to join Goldman Sachs in a non-legal role. He will help lead the bank’s practice by advising […]

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