US firms raid Nabarros for property partners

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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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Digests

Nicholson Graham & Jones advised Ventureworld Films on the £14m disposal of Carrington Productions International to SKD Media. Ventureworld Films will have a 26.4 per cent holding in SKD Media which will be renamed Entertainment Rights. The acquisition is conditional on a placing and open offer by SKD Media to raise £12m. Corporate finance partner […]

JP Morgan loses third senior in-house lawyer

US investment bank JP Morgan is losing its third senior in-house lawyer in five months. Barbara Jones, regional counsel for capital markets for Europe, Middle East and Africa, is moving to the London office of US firm Kirkland & Ellis on 1 October. No replacement has been found and it remains unclear who will handle […]

Sydney firms get chance to float on stock market

The Australian legal market is facing a radical over-haul that will allow firms to abolish traditional partnership structures and float on the stock market. The New South Wales Law Society, which regulates Sydney firms, is expected to introduce new rules this week. They will allow firms to incorporate share profits with other professionals and raise […]

Digests

Olswang acted for the administrative receivers of Harvey Goldsmith Entertainments on the sale of part of the company’s assets and business to Artiste Management Productions, formed and run by Goldsmith. Partner Graeme Levy was supported by solicitor Matthew Lindsey. GSC Sol acted for Artiste Management Productions while Paisner & Co represented Bank Leumi UK which […]

Cervical smear ruling sparks fears

A health authority’s costs in an appeal are more than the national cervical cancer research budget, writes Roger Pearson. The recent Appeal Court refusal to clear health service chiefs in Kent of liability in respect of three women who were wrongly given the all-clear after undergoing cervical screening has sent ripples of concern throughout the […]

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