US firms pin hopes on Obama

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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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Linklaters v Freshfields: the arms race starts here

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The hard cell: Clare Algar, Reprieve

As the executive director of human rights charity Reprieve, Clare Algar welcomes President Obama’s focus on the rule of law. Speaking ;from ;a ­windowless room at Reprieve HQ, Clare Algar could be forgiven for asking herself why she left a promising career as an IP lawyer to help people she has never met in South […]

Quinn Emanuel: double digit revenue, PEP hikes

US litigation firm Quinn Emanuel Urquhart Oliver & Hedges has reported one of the best sets of financial results for the 2008 financial year, with revenue up 15 per cent on the previous 12-month period. Revenue rose from $384.5m to $441.8m, while profit increased by 12.6 per cent from $248.2m to $279.5m. The firm’s equity […]

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Dentons names Kitchen as next chairman

Corporate partner Martin Kitchen has been named as the new chairman of Denton Wilde Sapte, following a contested election with a total of three contenders. Kitchen, whose three-year term begins on 7 February, replaces Dubai-based partner James Dallas, who will step down to focus on the Middle East energy practice. Kitchen said: “My manifesto was […]

Merrill slashes six senior legal jobs

At least six senior legal roles at Merrill Lynch have been axed as part of the investment bank’s global restructuring. New York associate general counsel Carlos Morales, general counsel of litigation and employment Barry Mandel, co-head of global litigation John Eisenberg, director and senior counsel Chris Haas and two more legal heads have been cut […]

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