Victimisation case put on hold

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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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Cleary and Sullivan scoop $19bn Citi equity offering

Cleary Gottlieb Steen & Hamilton and Sullivan & Cromwell scooped lead roles on the $19bn Citigroup equity offering. The transaction is the latest investment bank equity offering to see sovereign and domestic wealth funds invest into banks since market volatility hit global banks’ profits worldwide in recent months. Lead partner at Cleary Gottlieb, Jeffrey Karpf, […]

E-auction decides Abbey panel review

Abbey has used an innovative e-auction process for the first time to get the best deals from law firms pitching for its panel. Abbey has used an innovative e-auction process for the first time to get the best deals from law firms pitching on last month’s panel review, The Lawyer can reveal. Abbey business consultant […]

Gómez-Acebo strategy reaps rewards as it breaks e50m barrier

Gómez-Acebo & Pombo has reaped the benefits of its 2007 strategic review, breaking the e50m (£37.16m) turnover barrier for the first time. The firm posted a turnover of e54.6m (£40.58m) for 2007, a near 15 per cent increase on 2006’s e47.6m (£35.38m). The performance shows a gradual return to form for one of Spain’s largest […]

Deringer for Beringer?

Although those in the running for the managing and senior partner posts at Allen & Overy (A&O) have vowed to run a clean election fight, the firm’s other partners seem to be leaving nothing to chance in making sure that outgoing senior partner Guy Beringer will not run again. Although those in the running for […]

Olswang hikes international arbitration

Olswang is ramping up its international arbitration group with the hire of at partner at Swiss firm Bär & Karrer. Olswang is ramping up its international arbitration group with the hire of at partner at Swiss firm Bär & Karrer. Michelle Sindler, who acts as both an arbitrator and mediator, brings the litigation and arbitration […]

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