Stamford opens in China with team from Colin Ng

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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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Alder Hey judge caps claimants costs

A judge has ruled that the claimants’ costs in the massive Alder Hey organ retention group litigation ought to be capped after finding that they are “excessive and exaggerated”.Mr Justice Gage found that the claimant solicitors, Alexander Harris, substantially over estimated the number of hours of work required on so-called general issues relating to the […]

Robbin' the hood

The Law Society may be backing the Lord Chancellor’s proposals to get rid of barristers’ archaic uniforms, but some solicitors aren’t so sure. One young female litigation partner recently told Tulkinghorn that she is particularly fond of the diminutive black mourning hood junior barristers wear cast over the left shoulder of their gowns, as they […]

Inadequate facilities are driving Commercial Court cases to France

A senior High Court judge has said that parties are increasingly likely to take their disputes to French courts rather than the Commercial Court because of its poor facilities. Speaking at the Commercial Litigators’ Forum, hosted by Herbert Smith, Mr Justice Colman said that Paris’ Tribune de Commerce may become a more attractive option for […]

MoFo on Bertelsmann’s US private placement

Morrison & Foerster (MoFo) has won a major instruction from German media giant Bertelsmann, advising on a high-profile $500m (£309.6m) US private placement. MoFo’s London debt practice, which has handled a flood of US private placements over the last couple of years, won the instruction following a competitive tender. The German conglomerate instructed MoFo’s Brussels […]

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