Shearman and Weil top of the Kops

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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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Hammonds advises on Christchurch purchase

Hammonds has advised private equity buy-and-build specialist Sovereign Capital on its acquisition of brain injury care specialist Christchurch Court. Sovereign Capital, which has been supported by Christchuch’s management in the takeover, was advised by Hammonds partner Jonathan Jones, who led a team that included senior associate Jayne Aarons, ­corporate associate Joy ­Irving and banking ­associate Andrew Fordham. […]

GCHQ legal chief leaves for partnership at BCL Burton Copeland

Lincoln’s Inn firm BCL Burton Copeland has hired GCHQ’s director of legal affairs Michael Drury. Drury joins the firm as a partner after more than 14 years with the government intelligence agency, where he was the first full time legal advisor. At GCHQ Drury took control of all legal issues relating to government interception and […]

LSA anxiety prompts West Country merger

West Country firm Porter Dodson has merged with Yeovil-based Batt Sanders & Bennett. Porter Dodson partner Rob Fox said the prospect of deregulation through the implementation of the Legal Services Act has put pressure on smaller firms to add critical mass. “For smaller firms deregulation’s a big issue,” Fox said. “It could mean problems with […]

Addleshaws’ former litigation chief to leave at end of month

Addleshaw Goddard’s former litigation chief Simon Twigden is set to leave the firm at the end of the month, taking partners Pietro Marino and Michael Green with him. Twigden and Marino announced in April that they were quitting the firm after announcing plans to set up a claimant boutique (23 April 2010). The move came […]

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Withers to launch Hong Kong law practice with hire of family team

Withers has expanded its Hong Kong offering with the addition of an international family team led by partner Sharon Ser. Ser joins the firm after more than 20 years as a partner with Hong Kong-based Hampton Winter and Glynn. She brings a team that includes associates Rita Ku, Deanna Tam, and Jacqueline Mak, will join […]

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