Shanghai dawn for Squire Sanders

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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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Halliwells’ turnover hits record high

Halliwell Landau has posted a record turnover, which is up by 12.7 per cent to £40m for the last financial year. Halliwells also announced nine internal partnership promotions, with one intellectual property lawyer gaining equity. At the same time, the Manchester firm has lost property partner Nancy Brown to Eversheds. First revealed on www.thelawyer.com 11 […]

Fujitsu and Co-op face retrial

The House of Lords has rejected Fujitsu’s pleas to hear its infamous case against the Co-op, which is now set for a complete retrial. The case, centred on a dispute over an IT contract, which has been running for two years, has cost almost £5m in legal fees and has tarnished the reputations of lawyers, […]

Curtailing the long arm of US law

Two acts enabling US courts to pass sanctions against foreign companies are being challenged by three landmark cases The pressure is rising on US legal policy. Its extraterritorial legal powers, under which US courts sanction companies and individuals, even though the dispute in question has only very loose US connections, are being challenged in three […]

CC unveils appraisal programme

Clifford Chance is rolling out its partner appraisal programme, marking the first time in its history that the firm has put a formal assessment process in place. The move, voted through last year, means that all partners will now be assessed at a local level, ie within their own practice areas by their peers. The […]

Perot’s advisers under pressure as in-houser joins from Hewlett-Packard

US IT services giant Perot Systems has recruited a new European general counsel from Hewlett-Packard (HP) after the previous incumbent left for rival Accenture. Former European head Derek Simpson quit for a senior legal role in Accenture’s European team, clearing the way for Robert Evans to join from HP. The appointment of Evans will place Perot’s key […]

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