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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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Name partner Giuliani begins White House bid

Bracewell & Giuliani’s name partner and former New York mayor Rudolph Giuliani is a step closer to becoming the next US president. Giuliani, who is senior partner at the Texas-headquartered firm, filed papers on Friday (10 November) to create the ‘Rudy Giuliani Presidential Exploratory Committee’. An exploratory committee is a means for potential candidates to […]

Lovells mourns disappointing six months

Lovells has had a disappointing start to 2006-07, reporting a modest four per cent increase in turnover for the first six months of the financial year. Revenue at the top ten City firm inched up to approximately £205m. However, Lovells’ London office posted flat half-year results for the first half of the financial year. Lovells […]

Sharon Harris: Britvic

In the war of the drinks cabinet, Britvic in-housers must think laterally to ensure pride of place. By Jon Parker For Britvic’s head of legal and estates Sharon Harris, protecting the health of the brand of the soft drinks giant is integral to the overall health of the company. “Our role is about creating brands […]

Bingham launches in Hong Kong

Bingham McCutchen is to increase its Asian practice by opening a three-lawyer Hong Kong office. US-qualified finance partner Catherine Walters will head to Hong Kong for the 1 January opening, with two associates including Angeli Arora, whose clients include the hedge funds that Bingham is hoping to service. Bingham will look to replicate its London […]

Linklaters, Travers land roles on Peel’s sale to RREEF

Linklaters and Travers Smith scored lead roles on the latest infrastructure deal, acting on ports owner Peel Group’s disposal of a significant stake to RREEF. Peel is understood to be valued at £1.6bn. The auction, involving Peel’s sale of a 49 per cent stake, saw RREEF, an infrastructure fund controlled by Deutsche Bank, defend a […]

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