Simmons and Ogier act on AbCap restructuring dispute

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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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Morgan Stanley banking ace joins Dechert

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Pipe down

Travers Smith head of financial services Margaret Chamberlain is held in awe by many of her colleagues – even by senior partner Alastair Douglas. On Hogmanay Douglas likes to stroll down Snow Hill outside Travers’ office playing his bagpipes. Chamberlain, meanwhile, likes to work in silence. He started to play Auld Lang Syne, or whatever […]

French leave for Gide Loyrette head

Last week the senior partner of France’s largest firm Gide Loyrette Nouel announced his retirement from the firm that he has revolutionised over the past 10 years. Gerard Tavernier is a bit of legend. Having taken over at a time when the French giant was considered something of a monolith, he has transformed it through […]

Links faces work to win over NY

New York’s overextended Indian summer finally broke last week. By Thursday the 86° heat had gone, replaced by a violent downpour that drenched the city and its inhabitants. New York’s overextended Indian summer finally broke last week. By Thursday (11 October) the 86° heat had gone, replaced by a violent downpour that drenched the city […]

Reed Smith finally lures Richards Butler HK

19-Oct 2007Reed Smith finally lures Richards Butler HKReed Smith’s firmwide managing partner Greg Jordan was jubilant yesterday after finally tying up a deal with the Hong Kong office of Richards Butler (see story). 19-Oct 2007Reed Smith finally lures Richards Butler HK Reed Smith’s firmwide managing partner Greg Jordan was jubilant yesterday after finally tying up […]

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