SRA comes under fire in Beresfords tribunal

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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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Dewey and Freshfields on Jacko’s High Court turn

Dewey & LeBoeuf has gone head to head with Freshfields Bruckhaus Deringer in a case brought by a Bahraini prince against singer Michael Jackson. Dewey & LeBoeuf has gone head to head with Freshfields Bruckhaus Deringer over the proceedings brought by a Bahraini prince against singer Michael Jackson. Sheikh Abdullah bin Hamad al-Khalifa, the second […]

Slaughters advises on Santander rights issue

Slaughter and May has teamed up with best friends Davis Polk and Spain’s Uria Menendez to work on Banco Santander’s E7.2bn(£9.2bn) rights issue. Slaughter and May has teamed up with best friends Davis Polk & Wardwell and Spain’s Uria Menendez to work on Banco Santander’s E7.2bn(£9.2bn) rights issue. Slaughters corporate partner Roland Turnill (pictured) has […]

Ashurst boosts Asia presence with HK, China ties

Ashurst has kicked off its push into Asia with an ­association that will allow it to practise Hong Kong law. Independent Hong Kong corporate lawyers Jackson Woo and Sabrina Fung have become de facto Ashurst partners. Under local rules a merger between Ashurst and the association will be allowed after three years. Ashurst has also […]

Camerons gets tough on billing targets

CMS Cameron McKenna has introduced tougher billing targets for partners in a bid to improve the cashflow from recession-hit clients. The firm has introduced two-monthly targets for ­billable hours and cash ­collection. ;Previously ­partners were assessed on quarterly performance. Managing partner Duncan Weston said the move was designed to energise the business during a difficult […]

Feature: Tabloid blues – privacy and the press

Daily Mail chief Paul Dacre’s speech to the Society of Editors, in which he took Mr Justice Eady to task for his privacy rulings, has laid bare the simmering tensions between certain papers and the judiciary. The sex lives of the rich and famous make for salacious reading, but the juiciest information comes at a […]

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