Simpson Thacher bolsters Apax links with CC funds associate hire

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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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Nul points?

Saturday night was a bad one for Spain. The country’s Eurovision entry plummeted almost to the bottom of the results table at the annual musical cheese-fest. Just as well, then, that the country’s law firms are a bit more prominent. Once again Garrigues has topped the European 100 table, despite suffering falling revenues. Its local […]

Incentives system for green energy finally defined by law

The Republic of Srpska National Assembly adopted the Law on Renewable Energy and Efficient Co-generation on 25 April 2013. This is the first time in the Republic of Srpska that a law regulates planning and incentives for the production and consumption of energy from renewable sources and efficient co-generation, as well as incentives for the […]

Yahoo

Simpson Thacher and Gunderson lead Yahoo! purchase of Tumblr

Simpson Thacher & Bartlett has taken a lead advisory role alongside Silicon Valley firm Gunderson Dettmer Stough Villeneuve Franklin & Hachigian on Yahoo!’s acquisition of blogging site Tumblr for $1.1bn in cash. Simpson Thacher’s team for Yahoo! was led by New York corporate partner Gary Horowitz alongside a Palo Alto group including corporate partner Kirsten […]

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Forster Dean CEO Greg Shields exits

The chief executive of Liverpool-based personal injury specialists Forster Dean, Greg Shields, has left the firm. A spokesperson for Forster Dean confirmed this afternoon that Shields no longer worked at the firm but could offer no more details at this time. Shields led the first pure management buyout of a law firm in the UK […]

Forex conversion in China via a RMB clearing bank in Singapore

MAS has invited comments on the proposed criteria and other requirements for banks and merchant banks that wish to conduct forex conversion in China through a RMB clearing bank in Singapore. Comments must be submitted to MAS by 23 May 2013. The People’s Bank of China (PBC) has appointed the Industrial and Commercial Bank of […]

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