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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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QBE splits advisers into two in new-look roster

Insurance giant QBE has revamped its roster of external advisers for its European operations and created two distinct panels for the first time. The core panel, which handles a variety of work including employment, data protection, corporate, and regulatory matters, consists of DAC Beachcroft, Mayer Brown, Norton Rose Fulbright and RPC.  Added to this is […]

Herbies – You’re hired! (to sue Kingsley Napley)

He is one of the UK’s most infamous bosses: hard to please, fiendishly frank and not afraid of giving anyone who disappoints him the chop. Now Lord Alan Sugar is hurling his famous catchphrase not at a group of potential business partners but at his former lawyers, Kingsley Napley. The mogul’s real estate company Amsprop […]

Bottoms up for Heineken sole adviser deal

What do Eversheds and Pinsent Masons have in common? Their record-busting 2013/14 financial results for one thing, with Eversheds boosting profit to £85.4m and Pinsents smashing the £300m revenue barrier? Or maybe it’s their success at winning sole adviser roles? Both have secured high-profile wins in recent years, with Eversheds scoring a £10m Tyco deal […]

liverpool

Weightmans promotes first non-lawyer partner after gaining ABS licence

Weightmans has announced the promotion of seven partners, including its first non-lawyer partner, marketing director Sarah-Jane Howitt. Howitt is promoted to the fixed-share partnership alongside six lawyers from across the firm’s offices and practice areas. Weightmans became one of only a handful of top-50 firms to gain an ABS licence late last year (23 December […]

Europe

European moves: 29 May 2014

All the latest partner hires and other appointments within Continental European firms and offices. France Kramer Levin has announced the promotion of restructuring and litigation specialist Marie-Christine Fournier-Gille to its partnership in Paris. Fournier-Gille has been a member of the litigation team at Kramer Levin since 1994. The former head of Allen & Overy’s (A&O) […]

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