Wilson Sonsini makes up twelve new partners

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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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Pinsents’ merger pays off with 40 per cent PEP hike

Pinsent Masons has had a phenomenal first half to the year as a merged firm, with its average profit per equity partner (PEP) expected to leap by more than 40 per cent by the year’s end. The firm set the ambitious budget of boosting its PEP by 40 per cent, from £234,000 to a much […]

Ex-Haarmanns pair create Oldenbourg Plus

Two former partners from Haarmann Hemmel-rath’s Munich office have set up their own practice after leaving the firm earlier this year. Andreas Oldenbourg and Simon Preisenberger have launched a new firm called Oldenbourg Plus, which specialises in corporate, M&A and private equity work. The duo has been joined by former Haarmanns associate Silke Pütz. As […]

Ashurst falls further behind rivals as turnover struggles

Ashurst has fallen further behind its City competitors, reporting a low 5 per cent increase in turnover during the first half of the financial year. The silver circle firm is lagging behind the likes of Allen & Overy, Clifford Chance, Berwin Leighton Paisner, SJ Berwin and Taylor Wessing, which have all reported double-digit growth in […]

Howes Percival elects new managing partner

Howes Percival Solicitors partner Andrew Barnes has been elected as the firm’s new managing partner. Barnes was one of the founding members of the four-office firm.He will succeed Alan Kefford, who has served as the firm’s managing partner for the past 16 years. Kefford is expected to stand down from his role in April next […]

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