Simmons’ turnover up 8 per cent to £140m at half year

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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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Negotiating the middle ground

It wasn’t easy. When The Lawyer set out to research the top independent law firms operating in the Middle East and North Africa (MENA) we were confronted with a whole series of problems. Phone numbers didn’t work; emails bounced back; websites didn’t exist. It didn’t deter us. Today we unveil our first-ever Doing Business in […]

HSF and Macfarlanes advise Stagecoach and Virgin on East Coast mainline franchise

Herbert Smith Freehills (HSF) and Macfarlanes have taken the lead roles for Stagecoach and Virgin on their joint-venture company’s deal with the Department of Transport (DfT) to secure the franchise for the re-privatised East Coast mainline. Stagecoach, owner of 90 per cent of joint venture company Inter City Railways, was represented by HSF corporate partners Ben […]

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Are confidential settlement agreements really confidential?

The Rolling Stones were in the press recently, after leaked court documents revealed confidential medical information on the band members. Following the death of Sir Mick Jagger’s girlfriend, L’Wren Scott, back in March 2014, the band had to cancel part of its Asian tour. The band made a claim against their insurance policy for loss […]

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