Walsall head loses department and job

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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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Labour to review planning law

Cyril Dixon reports THE CONDUCT of lawyers is to be scrutinised in an extensive review of planning law set up by Labour. Shadow planning minister Keith Vaz is heading a panel which will look at the cause of delays, costs, confusion and anomalies in the system. Vaz says that one of the key areas to […]

DTI calls last orders on S&N brewery bid

Scottish & Newcastle’s £425 million bid for Fosters-owned Courage, the mega brewery deal involving Freshfields and Linklaters & Paines, could be delayed by Government proposals for company undertakings. The DTI’s undertakings aim to ensure the newly-formed business will conform to Government policy relating to pub property ownership, as set out in the MMC’s Beer Orders. […]

Sullivan & Cromwell opens Frankfurt 'finance' office

NEW YORK firm Sullivan & Cromwell has opened its first German office in the finance capital of Frankfurt. Launched on the back of a sizeable contract as US counsel to the global co-ordinators and international underwriters for the privatisation of Deutsche Telecom, the Frankfurt office is permanently staffed by two lawyers, including office head and […]

Linklaters usurps Ashursts at SNC

LINKLATERS & Paines’ reward for ground-breaking legal work on Merrill Lynch’s takeover of top UK market-maker Smith New Court (SNC) is expected to yield a business windfall after SNC is integrated into the US giant. Ashurst Morris Crisp which, after many years of advising SNC, including on the Merrill Lynch £526 million acquisition, is likely […]

Businessman touts Green Form work

BUSINESSMAN who is the subject of a Green Form fraud inquiry has set up “consultancies” to introduce legal aid clients to law firms. Peter Lane, a self-styled business “organiser”, has consultancy arrangements with three firms of solicitors. Under the arrangements, he is paid to “find” clients. The firms then carry out the work and claim […]

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