Thomas Eggar targets City mid-sizer for merger

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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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Neil Sagoo

BLP, Maples snap up shopping centre sale

Berwin Leighton Paisner (BLP) and Maples Teesdale have acted on a deal that sees a string of shopping centres that had been ­funded by a Lehman Brothers loan sold to the fund UK Commercial Property Trust (UKCPT). Riverside, Darwin and Pride Hill shopping centres in Shrewsbury were bought for an estimated £61m. The original owner […]

Addleshaws chooses litigator Burch to fill senior partner role

Addleshaw Goddard litigation partner Monica Burch has won the partnership’s backing to succeed senior partner Paul Lee following a contested election. Burch will assume the title chairman of the firm’s board, but will effectively take over the all senior partner responsibilities. At the same time, former managing partner Mark Jones, who is currently chairman of […]

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BNP barrister sparks debate on workplace ethics

The decision by St Philips Chambers to distance itself from former barrister Roger Grierson, who is to fight a seat for the British National Party (BNP) at the general election, has instigated heated debate among Birmingham lawyers. Wragge & Co senior ­partner Quentin Poole said: “It’s possible to imagine a situation where an individual apple would taint the […]

1

Freshfields and Hogan lead on Ford’s £1bn Volvo exit

Freshfields Bruckhaus Deringer and Hogan & Hartson have bagged lead roles in Ford’s sale of its Volvo business to China’s Zheijang Geely Holding Group for $1.8bn (£1.21bn). Hogan’s European M&A chief William Curtin led the team acting for longstanding client Ford on the transaction. Freshfields, meanwhile, picked up the mandate for new client Geely, with […]

Familiar waters

Having spent the last two years impressing Thames Water, BLP has struck a deal to take on the client’s legal function. BLP’s decision to keep the strategic work for itself and farm out the vanilla stuff to referral firms will help reinforce its reputation for high-end work, bolstering a string of hires made to its […]

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