Swedish govt sell-off goes way of Ashurst

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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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Firms unwilling to say ‘howdy’ to Saudi

With some of the largest oil reserves in the world, a huge drive for diversification and a population dwarfing that of the United Arab Emirates, Saudi Arabia is the place to be for firms seeking big bucks in the Middle East. The problem is, their lawyers just don’t feel the same. Allen & Overy, Clifford […]

Transport in-housers to share knowledge

Transport for London (TfL) legal chief Gareth John has launched a new networking group for in-house lawyers. The group is aimed at public transport bodies and service providers. It already has 20 members from transport giants such as TfL, Eurotunnel, Network Rail, Exel and Arriva. John, who is the director of legal and compliance at […]

Salans hires DWS associate for arbitration launch

Salans has hired a senior associate from Denton Wilde Sapte to spearhead its London international arbitration practice. George Burn joined Salans yesterday (8 May) as head of international arbitration in the City. He will be based in London but will work closely with Salans’ Paris international arbitration team, the firm’s largest. Sarah Francois-Poncet, a partner […]

Slaughters’ Tim Clark speaks out

Slaughter and May senior partner Tim Clark has gone on the record about the firm’s plans to compete in the international market by extending its group of best friend law firms into Asia. Clark makes the disclosure in the May edition of The Lawyer Podcast. The comments follow The Lawyer’s exclusive revelation (2 April) that […]

Raft of firms benefit from mining mega-deal

The latest mega-deal in the mining industry has gifted roles to a group of elite US and Canadian firms. US aluminium giant Alcoa has instructed Skadden Arps Slate Meagher & Flom and Cleary Gottlieb Steen & Hamilton to advise it on its $33bn (£16.54bn) unsolicited bid for Canadian rival Alcan. Stikeman Elliot is advising Alcoa […]

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