SJ Berwin US merger rumours intensify as strategy committee draws up list of suitors

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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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Camerons misses out on Nestlé panel place

International food and beverage giant Nestlé has dumped CMS Cameron McKenna in favour of Pinsent Masons for its UK regulatory and litigation legal panel. Nestlé has dropped three firms in total as the company aims to slash its legal budget. Nestlé’s UK head of legal Isabelle Deschamps told The Lawyer: “There’s been quite a big […]

Gibson Dunn nets £470m gas sale

Gibson Dunn & Crutcher advised long-standing client, First Reserve Corp on the £470m sale of UK natural gas producer Caledonia to German power company Eon. Caledonia’s 14bn cubic metres of reserves and pipeline shares were acquired for cash and assumed debt by Eon, which has also expressed interest in acquiring ScottishPower. The London office of […]

Dundas competition partner returns to SJ Berwin

SJ Berwin has won back senior competition partner Tom Usher from Dundas & Wilson. Usher joined Dundas’s Edinburgh office as head of EU competition in January 2004. He had hoped to be doing the majority of his work out of Edinburgh, but the nature of the work and the client base meant his activity continued […]

Deals round-up

US firms Gibson Dunn & Crutcher and Cleary Gottlieb Steen & Hamilton have popped up in Deutsche Post’s £3.7bn takeover of Exel. Gibson Dunn is providing US legal advice to Exel, while Deutsche Post has instructed Cleary. Meanwhile, Slaughter and May has teamed up with best friend Hengeler Mueller to advise Exel. The consideration will […]

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