Stephenson Harwood joins majority as LLP

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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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Locke Lord continues to build in London with Berkeley House hire

US firm Locke Lord has hired a lawyer from Berkeley House Investments to join its nascent London office. Jonathan Denton will join the firm as a partner from private lender Berkeley House, where he was in-house counsel. Before joining Berkeley House, Denton was a finance partner at Salans’ City office – where most of Locke […]

Fiona Shackleton
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Shackleton faces negligence claim from former client

Payne Hicks Beach is being sued by a client who claims a mistake by Britain’s highest-profile divorce lawyer Fiona Shackleton cost him £250,000. According to papers filed at the High Court, banker Christopher Smith paid Baroness Shackleton, a partner at the firm, more than £95,000 for legal advice regarding his obligation to pay child support. […]

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Supreme Court goes against insurers in Trigger litigation ruling

Insurers could be forced to pay out hundreds of millions of pounds in compensation after the Supreme Court ruled against them in a landmark ruling affecting thousands of asbestos victims. Today’s ruling, given by a majority of four to one with Supreme Court president Lord Phillips dissenting, establishes that all employers’ liability (EL) insurance cover […]

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Cuatrecasas welcomes all partners into equity

Iberian firm Cuatrecasas Gonçalves Pereira is ditching its salaried partner rank and bringing all its partners into the equity. The decision was made at the firm’s partnership meeting last week, which also saw the promotion of five lawyers to partner. The restructure has already taken effect and the firm now has 210 equity partners. Some […]

Field Fisher advises on Thomas Pink’s India entry

Field Fisher Waterhouse (FFW) has won a role advising on a franchising deal for Thomas Pink with a subsidiary of India’s largest company that will result in the luxury shirt brand opening offices stores across India. Thomas Pink has entered into a franchising agreement with Reliance Brands, part of Indian giant Reliance Industries, with the […]

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