Royal appointment for ex-Ferranti head

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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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Financial first for UK society

Jeffrey Warren and Jan Karpinski on the Bristol & West u150m securitisation The UK mortgage market is becoming ever more competitive and sophisticated. In December 1994 an important milestone was passed when the Bristol & West building society became the first UK building society to undertake a public securitisation of part of its mortgage book. […]

In brief: Rhatigan swaps DAC for Eversheds

Davies Arnold Cooper partner Michael Rhatigan has left the firm to move to rival Manchester practice Eversheds Alexander Tatham. Rhatigan, who had headed DAC’s property department, has taken his senior assistant Julie Stobart with him. Eversheds head of property Stephen Sorrell says the appointments bring additional strength and expertise to the expanding department, which represents […]

Corporate

Vanguard Medica was advised by McKenna & Co on the signing of a license agreement for kidney disease treatment with British Technology Group, advised by its in-house legal team. The firm also advised on the collaboration of Vanguard Medica with Smithkline Beecham, advised by the in-house legal team, on an anti-migraine drug. Vanguard Medica was […]

Guy Harvey questions a ban on prisoner visits to lawyers' offices

“Must try harder” could be seen by many as the mid-term report on beleaguered Home Secretary Michael Howard. However, in the view of this solicitor he has recently tried a little too hard in one respect. Last November the Home Secretary issued the innocuous sounding ‘Instruction to Governors Number 70 of 94’ which said: “Prisoners […]

CITY firm Penningtons has taken on a marketing specialist for a newly-created post of head of business development

CITY firm Penningtons has taken on a marketing specialist for a newly-created post of head of business development. Joan Radley, who worked in marketing and strategic planning for US pharmaceuticals and healthcare company Warner Lambert and Fisons, started at the firm’s London office this month. Before joining the firm she was responsible for marketing and […]

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