Slaughter and May promote six to partnership

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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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Goodyear rubber-stamps appointment of European legal chief

Goodyear Dunlop Tyres has appointed Dominque Golsong as its European legal chief. Golsong, the former associate general counsel of Dow Corning Corporation, the silicones and silicones-based products, technologies and services company, joined the US tyre giant last month as legal counsel. He replaced Philip Regnault, who retired after three years with Goodyear Dunlop. In his new position, […]

Merged Wilmer puts in solid performance

Wilmer Cutler Pickering Hale and Dorr has posted an average profit per equity partner (PEP) of $870,000 (£463,100) in its first full financial year as a merged firm. The results compare favourably with the average PEP of $780,000 (£415,200) at the pre-merger Wilmer Cutler and $810,000 (£431,200) at Hale and Dorr. Turnover for 2004 was […]

Morris launches review of Dentons’ partner pay

New chief executive stakes all on radical overhaul of controversial profit system Denton Wilde Sapte (DWS) chief executive Howard Morris is launching a radical review of the firm’s controversial discretionary bonus system for partners in a bid to stop partner departures at the firm. The top 10 firm operates a modified lockstep, with 25 per cent of profits set […]

CIS to cut two-thirds of panel

The Co-operative Insurance Society (CIS) is set to slash its panel of external legal advisers by two-thirds. The Co-operative Insurance Society (CIS) is set to slash its panel of external legal advisers by two-thirds. CIS instructs 27 firms across England and Wales to carry out personal injury (PI), litigation and claims work. As part of a […]

CC promotes 30 to partnership; litigation dominates

Clifford Chance has made up 30 new partners in a round of promotions covering 11 of the firm’s offices – the highest number at any UK firm so far this year. The London office and the litigation department receive the bulk of the new partners, with 12 and eight promotions respectively. Two of the promotions […]

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