SDT’s judgment on Veneik shenanigans receives endorsement of the profession

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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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Macfarlanes advises on sale of online design store

Hammonds, Macfarlanes and Thomson Snell & Passmore have claimed starring roles on the sale of designer Cath Kidston’s global chain of shops to private equity firm TA Associates. Hammonds, Macfarlanes and Thomson Snell & Passmore have claimed starring roles on the sale of designer Cath Kidston’s global chain of shops to private equity firm TA […]

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Clayton Utz takes legal action against A&O defector

Clayton Utz is to pursue legal action against a former partner who defected to set up Allen & Overy’s (A&O) Australian practice earlier this year. Grant Fuzi was one of 14 Clayton Utz partners who jumped ship in February when A&O opened offices in Sydney and Perth. The Australian firm has retained a QC to […]

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CC sends duo abroad in emerging markets push

Clifford Chance has again pushed emerging markets work to the ­forefront of its strategy ­following the relocation of two of its most experienced London partners to Saudi Arabia and Russia, while re-emphasising its desire to see juniors spend time in ­different jurisdictions. London litigation chief Nick Munday and co-head of finance Tim Plews will relocate to Moscow and […]

Mayer Brown launches Paris competition practice

Mayer Brown has launched a competition and distribution practice in Paris with the hire of a new practice head. Partner Nathalie Jalabert-Doury has joined the firm from Carreras Barsikian Robertson & Associés, where she spent five years as a partner. Before that she worked at Jeantet Associés. The managing partner of Mayer Brown’s Paris office, […]

Hammonds promotes eight new partners

Hammonds has made up eight new partners in its latest round of promotions, five of whom are based in the UK. Promotions were also made at the firm’s offices in Berlin, Hong Kong and Brussels, and will take effect on 1 May. The figure is up from last year, when just six partners were promoted, […]

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