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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 […]

Recommended

SJ Berwin confirms exclusive BPP tie-up

All of SJ Berwin‘s future trainees will study for the LPC at BPP Law School as part of an exclusive relationship formed just a week after the school was given degree-awarding powers. As reported on www.the lawyer.com (24 September), BPP has become the first private sector company eligible to hand out degrees after the Privy […]

Kirkland London bags four new partners

Kirkland & Ellis has made up four partners in London as part of a round that saw 62 promotions worldwide. Kon Asimacopoulos has been promoted within the London restructuring practice while the banking and finance practice has seen the promotion of Phillip Crump. Anu Balasubramanian and James MacArthur have been made up in the corporate […]

BLG litigation star defects to Mayer Brown

Mayer Brown” />Barlow Lyde & Gilbert (BLG) has been left in disarray following the defection of a three-partner team led by commercial litigation head Clare Canning to Mayer Brown. Canning, along with partners Simon Willis and Matthew Lawson, is set to join the US firm in the coming weeks and is said by BLG insiders […]

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Where have all the derivatives specialists gone?

Despite being a growing area of City work, derivatives still holds limited appeal for trainees. By Julia Berris Who said the job of a derivatives lawyer is boring? Whoever it was should speak to Allen & Overy (A&O) US derivatives head Jeff Golden, who furnishes all budding derivatives lawyers with a crib sheet entitled ‘How […]

Nabarro swoops for Howrey dispute resolution duo

Nabarro has strengthened its dispute resolution team having recruited two partners from Howrey. Peter Fitzpatrick and George Maling were both partners in the litigation team at Howrey. Fitzpatrick specialises in international arbitration and litigation and has particular expertise in aviation, banking, oil and gas and healthcare. Maling also specialises in international arbitration and litigation and […]

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