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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 […]

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 […]

Insurance & Reinsurance 2018: issues facing lawyers and clients today

Have there been any major changes or developments in your jurisdiction over the past 12–18 months? How have these impacted your practice? In August 2016, the Bermuda Monetary Authority (BMA) issued the Insurance Manager Code of Conduct requiring insurance managers to follow a set of procedures when carrying out their functions. In September 2017, the […]

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DLA’s Dickerson takes national IP top spot

DLA partner Jeremy Dickerson (left) has been appointed national head of intellectual property (IP). Former head of IP George Godar becomes head of patents. Dickerson joined the firm from Hammonds in September last year, where he was also head of IP. He takes charge of a team of 11 partners and around 15 other fee-earners […]

Earth to Lightman

Chris Owen on why the bar is baffled by Mr Justice Lightman’s recent attack on the legal profession Mr Justice Lightman’s recent savaging of the legal profession demands a response. His views were not all bad – he did have three good things to say: about alternative dispute resolution (ADR), the Woolf reforms and human […]

Corporate deals round-up

Ashurst Morris Crisp (James Perry) acted for the Man Group and its Swiss subsidiary RMF Investment Products on Man’s acquisition of a majority equity interest in Westport Private Equity and a minority equity interest in Parallel Ventures Managers. Macfarlanes represented the sellers. Lewis Silkin (Roger Alexander, Philip Lamb) advised Groupe Chez Gerard on its recommended […]

The German M&A market: bringing firms down to size

Biggest does not necessarily mean best in Germany, as Aled Griffiths discovers Benchmarking the German deal market is a problem. The vast majority of deals done in Germany are private: transaction volumes are never made public, since it is not in the interests of Mittelstand owners to do so. Investment banks have only begun to […]

A&O plans to double NY litigation

Allen & Overy (A&O) is pouring money into its New York litigation practice, which opened just two months ago, where it hopes to more than double the number of fee-earners from 10 to 25 by next spring. The department is headed by veteran trial lawyer Michael Feldberg, who joined from Schulte Roth & Zabel in […]

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