Securitisation star quits Mayer Brown

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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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Freshfields conflict hands Links £702m CAT deal

Linklaters has scooped the lead advisory role on British pharmaceutical giant Astra Zeneca’s £702m offer for Cambridge Antibody Technology (CAT) after Freshfields Bruckhaus Deringer was conflicted out of the deal. Astra Zeneca instructed Linklaters instead of regular counsel Freshfields because the latter firm acted for Abbott Laboratories in its dispute, last year, with CAT over […]

Party politics

With law firms piling into Dubai like there’s no tomorrow, competition in the region is hotting up. Now it has emerged it is even spilling over to law firm parties. Last week (10 May) DLA Piper Rudnick Gray Cary and Walkers both held shindigs to celebrate their office launches. Keen to show that his firm […]

Banking & Finance

The banking and finance market is in a constant state of flux as new technologies, markets and products are developed. This Banking & Finance Special Report reflects those changes, looking at the new innovations in the market. In banking, the demand for leveraged buyouts (LBOs) has grown exponentially in the past few years, with the […]

Legal executives win advocacy right

Legal executives will be allowed to appear in a range of new courts, after being granted extended rights of audience by the Lord Chancellor. The Institute of Legal Executives (ILEX) president, John Wells, announced that the Lord Chancellor has approved ILEX’s application for the extended rights yesterday. The decision means that legal executives will now […]

Bar Council set to probe Pollock’s BCCI conduct

The Bar Council is poised to launch an investigation into the conduct of the barristers during the BCCI trial, The Lawyer can reveal. Mr Justice Tomlinson criticised the liquidators’ counsel Gordon Pollock QC of Essex Court Chambers and Lord Neill of Bladen QC of Serle Court in his judgment last month, as well as the […]

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