Warners poaches Dibbs duo

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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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Simmons to lose Hong Kong partner to Andersens

Simmons & Simmons has lost one of its partners in Hong Kong to the new law firm being set up by Arthur Andersen in the region. Julia Charlton, a corporate partner will help set up the Andersen-linked law firm which will be headed by Garrett & Co partner Justin Ede. It has not been decided […]

Bar Council unearths ancient rule in dispute over disbarring

THE BAR Council has turned to an Inns of Court rule dating back to 1635 in its latest bid to force barristers to disbar if they qualify as solicitors. A new counsel’s opinion on the thorny issue is being sought after the treasurer of the Inner Temple, Edward Nugee QC, unearthed the 17th-century rule that […]

Experts eye up legal aid reform

Lord Woolf’s proposals to reform court procedures have rightly been identified as of crucial importance to expert witnesses, yet the Government’s initiatives to reform legal aid could be equally significant. The cost of legal aid now stands at around £1.4bn, double what it was five years ago. As an entitlement-based scheme the overall cost of […]

QBD actions pending

Jury actions now pending in the Queen’s Bench Division include: Watton v Guardian Newspapers, Bennett v Guardian Newspapers, Gillan v Guardian Newspapers, Mapp v Guardian Newspapers, Trywell & ors v Colliver, McBirnie & ors v Commissioner of Police for the Metropolis, Bentinck v Associated Newspapers & anr, Talbot v British Railways Board (last two not […]

Property

Lovell White Durrant acted for property company Stakis on its £327m acquisition of Metropole Hotels from Lonrho. The deal was part funded by a £222m rights issue which used an innovative new scheme by inviting sub-underwriters to tender for a third of the issue at lower than standard 1.5 per cent fees.

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