US heavyweights score roles on CSX’s court battle with UK funds

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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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Addleshaws, Macfarlanes, CMS bag Freightliner buyout

Addleshaw Goddard, CMS Cameron McKenna and Macfarlanes have won key roles in the estimated £340m secondary buyout of rail logistics company Freightliner Group. Buyer ;Arcapita, ;the Bahrain-based investment bank, turned to longstanding adviser CMS Cameron McKenna, led by corporate partner Charles Currier. Currier said: “Despite some challenging economic conditions, deals for quality assets such as […]

William Hill unveils streamlined panel

Bookmaker William Hill has slimmed down its internal legal panel of advisers.An invitation to tender was sent to around 10 firms, with Addleshaw Goddard, Ashurst ;and ;Pinsent Masons making the cut. William Hill company secretary and general counsel Thomas Murphy said: “The approach in the selection was a combination of cost-effectiveness and expertise. I want […]

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SFO prepares to adopt the American way as challenges mount

The new Serious Fraud Office (SFO) director Richard Alderman started his new role three months ago and so far has had to contend with an appeal over the BAE fiasco, a scathing review by former New York City prosecutor Jessica De Grazia and the departure of four senior prosecutors from the unit. The new Serious Fraud Office […]

One Essex Court hikes revenue by 7 per cent for second year running

One Essex Court has recorded a 7 per cent growth in turnover, reflecting a steady year at the commercial bar – but some common law sets are feeling the pinch due to problems with legal aid fees. One Essex Court has recorded a 7 per cent growth in turnover, reflecting a steady year at the […]

Squire Sanders concludes Ann Summers dispute

Squire Sanders & Dempsey has brought a US arbitration involving adult retailer Ann Summers to a successful conclusion. Douglas Rovens led the Squire Sanders team that advised Celine Gueyffier in a case against Ann Summers that claimed breach of contract after a business venture with the company collapsed. The retailer was represented by Bryan Cave […]

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