Stibbe leads Cleary and Bredin on Euronext bidding war

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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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Wives win landmark divorce rulings

Withers and family law boutique Family Law in Partnership (FLIP) have won a landmark House of Lords judgment this morning (24 May) on behalf of two women claiming money from their husbands after divorce. The Lords ruled that Melissa Miller is entitled to £5m from her ex-husband, while Julia McFarlane will have an annual payment […]

People

Allen & Overy has promoted three lawyers in Asia. James Grandolfo becomes a consultant in Hong Kong, while Simon Irvine and Ban Leong Oo become consultants in Singapore.Higgs Sons has hired Kelly Davies as an assistant in the family team from Spicketts. Clifford Chance has appointed civil law notary Tom van Duuren as a partner […]

Expedia lawyer defects to rival

Internet travel company Expedia has lost corporate travel lawyer Flavia Richardson to online competitor Opodo. European general counsel Luisa Edwards said she intends to replace Flavia in the near future. Expedia has a four-person legal team split between London and Paris.

Foot Anstey on course to dominate South West

South West firm Foot Anstey has seen its turnover shoot up by 27 per cent as it continues on its mission to become the premier firm in the region. Turnover grew to £14.1m, an increase of 27 per cent from last year’s £11.4m fee income. The increase is due partially to its May 2005 merger […]

Shepherds’ pre-LLP turnover soars 13 per cent

Scottish firm Shepherd & Wedderburn has posted robust financial figures for 2005-06, with annual fee income rising by 13 per cent to £34.6m. The firm also confirmed that it was planning to convert to limited-liability partnership status later this year, as first revealed on www.thelawyer. com (16 May). Shepherds said a separate figure that would […]

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