Secrecy in the aisles

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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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In brief: Shearman & Sterling

Shearman & Sterling, the US firm, has recruited five UK lawyers to join its London European acquisition finance group. They are Bruce Hendry from Dickson Minto, Nicky Blair from Watson Farley & Williams, Leonard Fung from Simmons & Simmons, Kelly Knight from Ashurst Morris Crisp, and Leigh White from Weil Gotshal & Manges.

DAC, the story so far from The Lawyer archive www.the-lawyer.co.uk

DAC picks up Halliwells partner Davies Arnold Cooper has taken on ex-Halliwell Landau partner Stephen Houston to boost its corporate team. Houston, who joins the Manchester firm as partner, was at Halliwell Landau for two years and before that at Norton Rose, London… 1 April 1997 DAC restructures Madrid office UK firm Davies Arnold Cooper […]

LCD faces further charges on sex equality

THE LORD Chancellor’s Department is facing a series of further embarrassing sex discrimination cases. AMO, the trade union for Magistrates’ Courts staff, has lodged a series of sex and disability cases against the LCD over its plans to retrain court clerks as fully qualified solicitors or barristers. The lodging of the claims follows on from […]

Ruling business before employees

Richard Arthur, partner, Thompsons Fraser Younson, partner, McDermott Will & Emery Ronnie Fox, senior partner, Fox Williams A recent employment tribunal hearing may have toppled the tricky balancing act which listed companies must perform when considering a merger or takeover likely to involve collective redundancies. EU legislation states that companies have to inform employee representatives […]

Survey reveals threat to mid-sized sets

Medium-sized barristers’ chambers are being squeezed out of the profession, according to the most comprehensive survey ever of the Bar. Chambers with between 11 and 30 members are the most vulnerable with more sets in this category losing members than gaining them. Over 50 per cent of barristers switching sets moved to larger sets with […]

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