White & Case swipes first UK tax partner

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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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Linklaters wraps up Jolly deal as hotel sales revive

Linklaters & Alliance has finally completed one of the largest single asset transactions for first-time client Jolly Hotels. The deal involves the £57m acquisition of St Ermin’s Hotel in Westminster from US group Strategic Hotel Capital, and turns the tables on a year-long slowdown in investment in the London hotel market. After a period in […]

Warner Estates

Clifford Chance is in a prime position to pick up a string of deals from its relatively new client Warner Estate Holdings. The property company is shifting its focus from residential property to commercial and this £41m purchase from CGU and Commercial Union consolidates the move. It is also selling its £52m residential estate and […]

Wragge & Co turnover hits record high

Birmingham firm Wragge & Co is poised to make its biggest ever leap in turnover this financial year, with fees set to rise to £70m from £54m. Managing partner Quentin Poole says that that Wragges set an aggressive budget this year. “We projected budget growth of 35 per cent, and we’re on target,” he says. […]

KLegal takes over Slaughters case

KLegal, the law firm associated with accountants KPMG, is taking over a multi-million pound piece of litigation from Slaughter and May after hiring one of its lawyers. Anthony Maton is joining KLegal as a director, the equivalent of salaried partner, and he is bringing with him work on an ongoing action for Airtours against Customs […]

MAIN UK FIRMS IN ASIA

Allen & OveryOffices: Beijing, Bangkok, Hong Kong, Singapore (joint venture with Shook Lin & Bok), Tokyo (in association with Akatsuki International Law Office) Total lawyers: 181, including 53 partners North Asia managing partner: Chris Roberts Ashurst Morris Crisp Offices: Singapore, Tokyo Total lawyers: 15, including four partners Asia managing partner: Alan Kitchin Barlow Lyde & […]

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