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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 […]

Recommended

Geldards pokes head above bushel

Geldards had a tremendous year, with turnover hitting £25.9m (up by around 16 per cent) and its average profit up to £240,000. “Who?” you say. Geldards, based out of Wales and the East Midlands, is perhaps not the most glamorous firm, and is certainly not the most high profile, but lights can be hidden. You […]

Glaxo scoops King & Spalding partner to head IP

GlaxoSmithKline has hired a new global head of IP, scooping King & Spalding partner Sherry Knowles. Knowles will join as senior vice president and global head of the corporate intellectual property division in September, replacing David Roberts who is retiring. Before qualifying as a lawyer, Knowles spent several years at SmithKline Beecham as a pharmaceutical […]

Paul Weiss swoops for Shearman finance chief

Paul Weiss Rifkind Wharton & Garrison has poached Shearman & Sterling’s structured finance chief for its New York office. Robert Zochowski joins Paul Weiss as a partner in its finance group. His practice focuses on complex structured finance and securitisation transactions, with a particular focus on assets such as films, patent royalties, and energy. He […]

Computer gains

New learning tools can offer an enhanced experience for students, but they should be used with caution, says Peter Crisp E-learning is now a key feature of the legal education landscape. The term ‘e-learning’ is a catch-all one, used to cover anything from searching the internet to an MBA programme delivered entirely online. Even the […]

DLA wins BoS-Reuben role on £1.1bn McCarthy & Stone offer

DLA Piper Rudnick Gray Cary is acting for Mother Bidco, the consortium which has pushed aside a rival bidder to place recommended offer for retirement home developer McCarthy & Stone. Manchester corporate partners Paul Rimmer and Jonathan Watkins are advising the consortium which consists of Bank of Scotland, the Reuben brothers and Sir Tom Hunter. […]

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