Weil misses starring role on WestLB’s Odeon sale

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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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Irwin Mitchell tax group branches out into new venture

Irwin Mitchell’s tax team has broken away to set up a specialist company 4 Eyes Ltd. The new entity will specialise in VAT and customs duties, and boasts a strong tribunal practice as well as a VAT compliance and planning function. The split from Irwin Mitchell was “entirely amicable” and 4 Eyes has taken a […]

Nominet receives top industry award

Nominet’s dispute resolution service has been awarded the Industry Award for Excellence in Alternative Dispute Resolution by the Centre for Effective Dispute Resolution. In the past two years, Nominet, the UK internet domain name registry, has handled over 10 per cent of the total mediation cases across the UK civil and commercial mediation market. It […]

Sidley scoops China Life class action

Sidley Austin Brown & Wood has beaten US rival Shearman & Sterling to win a mandate to defend China Life Insurance in a class action against the company. Last month, Milberg Weiss Bershad & Schulman filed a class action law suit on behalf of independent shareholders against China Life, which completed a $3.5bn (£1.91bn) dual […]

Taylor Wessing rides technology wave with strong year-end figures

Taylor Wessing rides technology wave with strong year-end figures” />Taylor Wessing has posted a robust set of figures in line with the upturn in fortunes of technology-focused firms such as Bird & Bird, Field Fisher Waterhouse and Olswang. Average profits per partner were up slightly, from last year’s £344,000 to £348,000, reflecting a profit margin […]

Awards preview: offshore law firm of the year

On 22 June, 1400 people will crowd into the Grosvenor House Hotel on Park Lane for the most eagerly-awaited event of the year. With only one week to go, The Lawyer brings you a sneak preview of the shortlisted individuals and teams Carey Olsen Few could doubt the significance of Carey Olsen’s victory for Grupo […]

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