Scottish uprising

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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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Corporates should explore the Islamic finance route

While the first UK corporate sukuk, issued on behalf of International Innovative Technologies, may have been relatively small in terms of volume, it is hoped that its effect on the Islamic finance market in the UK will be significant. The transaction utilised the sukuk al-musharaka structure and raised $10m (£6.3m) for the Gateshead- based technology […]

A fair Kop?

The press pack at the Royal Courts of Justice was salivating at the court doors yesterday morning with not one but two high-profile showdowns on the lists. Those waiting outside Court 14, where pop star Peter Andre was pursuing a libel claim against his ex-wife Katie Price, was rather subdued in comparison with those waiting […]

CC and Freshfields land roles on £1.3bn AZ Electronic IPO

Clifford Chance and Freshfields Bruckhaus Deringer have bagged roles on what could become one of the biggest private equity- backed initial public offerings (IPO) of 2010. The magic circle firms are acting on AZ Electronic Materials Group’s (AZ) planned flotation on the London Stock Exchange (LSE), which would value AZ at around $2bn (£1.3bn) and […]

Abby Ewen: Simmons & Simmons    

What’s the most boring thing you’ve been asked to do in your job?  In a previous firm I had to search through pages and pages of website activity in an attempt to spot anything ‘inappropriate’.  I didn’t. Name:     Abby Ewen         Firm:     Simmons & Simmons Position:   Director of business transformation Lives:   Essex What time do you start […]

TLT Solicitors gains place on Interserve property panel

TLT solicitors has won a place on Interserve’s two-firm property support panel, replacing Eversheds, which opted not to tender. Fellow South West firm Rickerbys has retained its place alongside TLT as asset management adviser to the support services and construction group. TLT real estate partner Tim Rowe, who leads the Interserve relationship, said: “We’ve done […]

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