Wilsons bags BLP charity head; will open in London

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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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Fab four want slice of KKR’s dual listing

Four elite firms are jostling for position on Kohlberg Kravis Roberts’ (KKR) landmark dual-listing in Amsterdam and New York. Longstanding adviser Simpson Thacher & Bartlett, led by partner Alan Klein, is advising KKR on the listing. KKR’s financial advisers ­Citigroup and Lazard are both being advised by a Weil Gotshal & Manges team. Linklaters won […]

Web week

You’d think that, having a strong telecoms and tech practice, Bird & Bird (www.twobirds.com) would have one of the swankiest websites around. But any first-time visitor to the site would have their illusions shattered, with ­uninspiring graphics and text so randomly placed that even Nostradamus would have trouble ­making head or tail of it. • […]

Roll model: Jane Booth, Michelin

Nine years into the job, Michelin UK and Éire head of legal Jane Booth is anything but tired of life with the French giant. Michelin is a company in an enviable position. Its ;staple ­product, pneumatic tyres, is unlikely to go out of fashion any time soon. Even if the anti-car lobby were to win […]

DLA Piper makes London lay-offs

DLA Piper has made five lawyers redundant in its technology, media and commercial group. The lay-offs, which were all in firm’s London office, included three assistant solicitors, a legal director and an associate solicitor. A spokesman for the firm said the firm was examining staffing levels in all its practice groups as it faced the […]

Linklaters, Lovells in face-off as BP claims against its Russian JV partner

Linklaters and Lovells are going head-to-head as BP starts its Swedish ­arbitration proceedings against Russian consortium Alfa-Access-Renova (AAR), which is in a lucrative joint venture with the energy giant. BP’s legal team alleges that the TNK-BP joint ­venture’s legal framework has been violated by AAR – a consortium made up of Russian billionaires Mikhail Fridman, […]

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