Willkie Farr lures Shearman investment team

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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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Debevoise hires NY litigator for Paris office

Debevoise & Plimpton has hired a senior international arbitration and litigation lawyer from Shearman & Sterling for its Paris office. Frederick Davis, a partner currently based in Shearman’s New York office, will relocate to France to take up his new role. He joined Shearman in 1991 as a partner from Patterson, Belknap, Webb & Tyler, […]

Weightmans wins Royal Mail in-houser

Weightmans has hired a senior employment specialist from Royal Mail Group as part of a new strategy to expand its labour practice. Mark Landon joins as a partner in the London office. He was previously with Royal Mail for 10 years, the last six of which he has spent leading a team of employment lawyers […]

Pub grubs

News reaches Tulkinghorn – anecdotally of course – that although Cadwalader lawyers are said to be massively aggressive over the negotiating table (who on earth could they be trying to emulate? wonders Tulkinghorn) they are actually lovely chaps in the pub. The answer, surely, is do the deals in the Dog & Duck. Just a […]

People

Beachcroft Wansbroughs has hired Patrick Hill as a partner in its professional and financial risks group. Hill was previously a senior lawyer at Mayer Brown Rowe & Maw. US firm Chadbourne & Parke has bolstered its London litigation department with the transfer of product liability litigator Allison Alcasabas from New York. Boodle Hatfield has hired […]

Goodwill hunting

When a partner retires from a partnership, goodwill is required on both sides, but does a firm have the power to enforce it? By Clive Greenwood One of the most valuable assets of a partnership is its goodwill, and one of the essential elements of any well-drafted partnership agreement is the protection of that goodwill […]

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