Vinson scoops Shearman lawyer for London push

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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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Ten US firms up salaries; London will have to wait

A host of US firms, mainly New York-based, rushed to increase their US associate salaries last night. At least 10 US firms have moved to match a rate set by Simpson Thacher & Bartlett earlier this week for all ranks of associates. The pay hikes are limited to US-based associates for the time being. Shearman’s […]

Citizens Advice adds its voice to criticism of Govt legal aid reforms

The Citizens Advice charity has slammed reforms to the legal aid system, claiming they will deny legal assistance to thousands of vulnerable people. The organisation, which currently has 252 bureaux funded to provide legal aid advice, also claims that the reforms could lead to the closure of scores of its bureaux, particularly in deprived areas. […]

ASB acts on hotel site buy for first choice

ASB Law is celebrating its biggest deal to date after advising First Choice Holidays on its £120m takeover of Salford-based hotel booking website LateRooms.com. The firm, led by corporate partners Helen Mead and Matt Newman, advised its longstanding client as it did when the tour operator purchased Travel Class last year. LateRooms, owned by private […]

Game plan

Rumours that Dewey partners were deserting the firm like rats were flying around last week, despite the firm having broken off relations with Darth Baxter at the last minute two weeks previously. Top-billing London partner Camille Abousleiman was the prime focus until last Wednesday (17 January), when at last he broke cover and headed for […]

ODA prepares for 2012 claims onslaught

The Olympic Delivery Authority (ODA) has started talks to devise a dispute resolution process in anticipation of a flood of legal challenges over the infrastructure for the 2012 Olympic Games. The Chartered Institute of Arbitrators (CIArb) is in discussions with the ODA, which is responsible for the infrastructure of the Olympics, to find the best […]

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