Watson Farley doubles office space

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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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Baker & McKenzie revenues smash $1.5bn mark

Baker & McKenzie has reported a 13 per cent increase in global revenues to break the $1.5bn mark for the first time, placing among the five largest firms in the world. The results see Bakers global revenue reach $1.522bn (£856m) during the 2005-06 financial year up from $1.352bn in 2004-05. Meanwhile, net profit rose an […]

Bird & Bird raids Freshfields in Italy

Bird & Bird’s Italian offering has snared a star of Freshfields Bruckhaus Deringer’s Italian employment team. Amedeo Rampolla joins Bird & Bird’s Milan office as a co-head of employment working alongside Caterina Rucci. His arrival brings the firm’s employment team up to seven. Rampolla previously headed up Freshfields’s employment team in Milan, which at its […]

The work-life quiz: Merlie Calvert

What was your first-ever job?I worked Thursday evenings and Saturdays in a shop selling leather jackets and bags, then I moved to Marks & Spencer. What was your worst experience as a trainee?Splitting the seat of my trousers shortly before a client meeting and having to ask the partner’s secretary to bring me a needle […]

Bonelli and Pedersoli profit from Italian bank shake-up

Bonelli Erede Pappalardo and Pedersoli e Associati have profited from the latest shake-up of the Italian banking industry, with both Italian firms taking lead roles on Banca Intesa’s disposal of key assets to its shareholder Crédit Agricole (CA) for €6bn (£4bn). Name partner Sergio Erede, together with corporate partners Luca Picone and Simone Monesi, led […]

Legal Intelligence

European M&A activity has plummeted in Q3, according to the latest data from Mergermarket, dropping to volume levels not seen since Q4 2004. CITY REPORT M&A market hits slowdownEuropean M&A activity has plummeted in Q3, according to the latest data from Mergermarket, dropping to volume levels not seen since Q4 2004. Activity is down some […]

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