Third-quarter dearth fails to dampen M&A figures as A&O, CC rule the roost

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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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Trouble at the top

The Companies Act has placed greater weight on directors’ liability in shareholder claims. Anthony Menzies reports on how the D&O insurance market is set for a boon As in so many things, the leading market for directors’ and officers’ (D&O) insurance protection historically has been the US, where directors of publicly quoted companies can expect […]

Kirkland makes up London quartet

Kirkland & Ellis has made up four partners in London as part of a round that saw 62 promotions worldwide. Kon Asimacopoulos has been promoted in the London restructuring practice, while the banking and finance practice has seen the promotion of Phillip Crump. Anu Balasubramanian and James MacArthur have been made up in the corporate […]

General Electric launches European M&A panel

General Electric has launched its first ever European M&A panel, handing places to Allen & Overy, Ashurst, Weil Gotshal & Manges, Slaughter and May and Freshfields Bruckhaus Deringer. General Electric (GE) has launched its first ever European M&A panel, handing coveted places to Allen & Overy, Ashurst, Weil Gotshal & Manges, Slaughter and May and […]

Appleby enhances Jersey corporate group

Offshore giant Appleby has expanded its Jersey-based corporate and commercial practice with the appointment of two lawyers. Alastair Drummond, who specialises in property finance and banking law, joins as an advocate from Channel Islands rival Carey Olsen. Meanwhile, Sarah Bolton has relocated from Appleby’s Cayman Islands office. She joins the Jersey office as counsel, focusing […]

A tough cross to bear

Do in-house lawyers have a better work-life balance? Legendary Simmons & Simmons Portugal partner Pedro Rebelo de Sousa would say yes. One of Tulkinghorn’s scribes discovered the secret behind Pedro’s perma-smile and it comes from his 10 years as Citi general counsel in Brazil during the 1990s. Pedro revealed that during that time he had […]

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