The US green gauge

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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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Time and money

Over the past decade London has maintained its pre-eminence as a centre for arbitration by offering a progressive and arbitration-friendly regime that allows the parties to agree how their disputes are resolved. Key to this was the enactment of the Arbitration Act 1996. The act put in place a clear framework, the object of which […]

United States

Last month President Bush signed the Energy Independence and Security Act of 2007. This apparently radical legislation will introduce many changes into the US energy policy, but does it go far enough? As this US Special Report argues, it is hard not to think that the US government has missed yet another opportunity to make […]

White & Case London revenue boosted by 37 per cent

White & Case‘s London office has boosted revenue 37 per cent from $172.2m in 2006 to $235.7m in 2007 despite market volatility in the second half of the year. Average profit per equity partner (PEP) in London grew by 19 per cent from $1.276m at the end of 2006 up to $1.528m. White & Case […]

Time-poor, skills-rich

In a world where law professionals are busier than ever, keeping one’s knowledge base and skills set up-to-date is a challenge. With that in mind, firms are increasingly turning to e-learning to train staff. E-learning is flexible, keeps valued team members out of the classroom – making more efficient use of both their and the […]

Heller lures Sidley corporate partner

Heller Ehrman has snared a Sidley Austin corporate partner to bolster its London corporate practice. Robert Asher, who specialises in the real estate and hospitality sectors, will join the firm’s London office to help strengthen Heller’s presence in the European corporate market. Asher, who has advised on key leisure and real estate transactions in Europe, […]

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