Slaughters relocation boosts Paris finance

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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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Altheimer’s international chairman quits after internal shake-up

Altheimer & Gray has been hit by the shock resignation of the chairman of its international practice. Louis Goldman, the partner primarily responsible for the firm’s expansion in Europe, has resigned as the Chicago firm continues its internal restructure. It is understood that it had already been decided that responsibility for the firm’s international expansion […]

KSB Law fee income rises by 21 per cent

KSB Law has seen a 21 per cent rise in fee income, taking the firm’s gross billings to £12m. Average profits per partner remain static at £100,000, with bottom of equity at £85,000 and top of equity at £140,000.

Brick Court wins barrister from 2 Temple Gardens

Brick Court Chambers has recruited Tim Lord from 2 Temple Gardens. Lord has focused on personal injury and insurance work in the past, but has been signed to assist Brick Court with its banking and financial services work. He spent 10 years at 2 Temple Gardens after qualifying at Slaughter and May.

DLA sees 15 per cent income surge

Audited profit figures released by DLA show a15 per cent hike in the firm’s turnover to £234m for the last financial year, with 21.1 per cent of the firm’s fee income being distributed as equity partner profits. However, profits per partner (PPP) remained relatively static at £460,000, an increase of just 2 per cent from […]

Colin Ng reels back corporate team

Colin Ng & Partners has wooed back a team of three corporate lawyers that left the firm a year ago to join local rival Khattar Wong & Partners.The team is led by partner Tan Min-Li, who returns to co-head the firm’s corporate finance practice.Managing partner Colin Ng described the returns as significant, adding: “They will […]

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