Watson Burton nabs client to boost construction team

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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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New York’s finest respond to Simpson salary gauntlet

New York firms Cadwalader Wickersham & Taft, Paul Weiss Rifkind Wharton & Garrison and Sullivan & Cromwell have moved quickly to match Simpson Thacher & Bartlett in offering pay hikes across all associate levels.

Yesterday’s announcement from Simpson …

Appleby launches Mauritius office

Appleby Hunter Bailhache has launched an office in Mauritius, the firm’s fifth offshore location. The two-partner outpost is expectedto deal primarily with African and Asian-focused funds, with India a particular target. The office will open for business in February with Mauritius partner Gilbert Noel and Malcolm Moller, who is transferring from Appleby’s Bermuda office. It […]

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GC100 opens door to company secretaries for added muscle

Following her appointment as chair of the General Counsel 100 (GC100), National Grid general counsel and company secretary Helen Mahy has told The Lawyer that the lobby group will be expanded to include company secretaries. Mahy believes company secretaries will provide additional clout as she outlines her plans for her year as chair. Mahy highlighted […]

Elborne Mitchell bags Kim Jong-Il litigation

City insurance boutique Elborne Mitchell has snared first-time instructions from North Korean dictator Kim Jong-Il. The cash-strapped regime has sued London-based underwriters for £30m in outstanding reinsurance claims. Elborne Mitchell reinsurance partner Timothy Akeroyd put the new client win down to the firm’s growing reputation in Asian countries such as China and Japan. State-owned monopoly […]

Duane Morris launches in Singapore, with Vietnam next on list

Philadelphia-headquartered Duane Morris has confirmed its intention to open in Vietnam, becoming only the second US firm there. The firm is to launch offices in Hanoi and Ho Chi Minh City by March. It has also formally launched its Singapore office this week, with lateral hires from Baker & McKenzie, DLA Piper, Jones Day, Shearman […]

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