Simmons tax guru joins Treasury

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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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Private function

The Middle Temple Annual Dinner is almost upon us and inevitably the all-star event will generate the usual oodles of gossip. Keeping order this year, though, will be BBC’s News at One presenter and Honorary Bencher Anna Ford. The media legend will be after-dinner speaking along with Lord Justice Scott Baker, Master Treasurer of Middle […]

Olswang makes management rejig as group heads step down

Olswang has undertaken a management shake-up after three of its four practice group heads decided not to stand for re-election. The heads of corporate, litigation and media, communications and technology all decided to dump their management roles when their latest terms expired this month. Chief executive Jonathan Goldstein told The Lawyer: “They all felt individually […]

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, […]

Clifford Chance West Coast hit by three partner losses in two days

Clifford Chance’s West Coast practice has lost another two partners, making a total of three defections in just one week. Securities litigation partners Dean Kristy and Kevin Muck, both San Francisco-based, are leaving for Fenwick & West. Their move arrives just two days after partner Craig Waldman jumped ship for Cooley Godward’s Palo Alto office. […]

Pinsents man in City shift to spearhead financial litigation push

Pinsent Curtis Biddle is relocating its national head of dispute resolution and litigation Nigel Kissack from Leeds to London in a bid to increase its penetration into the City’s financial litigation market. Kissack’s move represents a major push by Pinsents towards financial and capital markets disputes. Until now, the firm’s litigation department has focused largely […]

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