Slaughters advises on Barings damages claim

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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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Bringing IT work to Bristol

Ryan Dunleavy discovers that Bristol firms are determined not to miss out on the boom in e-commerce work. Bristol firms are waking up to the fact that intellectual property, information technology and e-commerce are providing a huge new area of work and expertise. Each area creates regulatory, transactional, ownership and a whole host of new […]

Digests

Titmuss Sainer Dechert represented French company Consodata SA on its £15.75m purchase of Consumer Access. As part of the sale, Arcadia Group sold off a 51 per cent stake in Consumer Access. An option agreement was drawn up for the sale of the remaining 49 per cent share in the company from Hugh Villers and […]

Financings

Rosenblatt acted for Credit Agricole Indosuez and Dublin-based ACT Venture Capital which financed the management buy-out of Snapper Music. Ian Rosenblatt

Property

Clifford Chance advised MEPC on the letting of two buildings at Ancells Business Park, Fleet. The 45,000 sq ft Fulmar House and Technology House buildings have been let to Parametric Technology (UK). Clifford Chance’s team included real estate assistant Angela Shepherd and construction assistant Bruno Spence. Ann Lewin, property partner at Trevor Robinson & Co, […]

Freshfields merges with German firm

Partners at Freshfields and German firm Deringer Tessin Herrmann & Sedemund have voted for a merger. The union will create a 267-partner firm to come into effect in January 2000, five months earlier than expected. The firms have been in a loose alliance since January 1998. Freshfields’ senior partner Anthony Salz says: “After a period […]

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