Work Life Quiz: John Machell, Serle Court

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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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HBJ Gateley Wareing acts for Lancs CCC on refurb

HBJ Gateley Wareing has picked up the mandate to act for Lancashire County Cricket Club on the redevelopment of its Old Trafford ground. The programme, which includes £32m of new investment, will ensure the future of international cricket at the famous Manchester venue after the game’s governing body, the England and Wales Cricket Board, said […]

Focus on Lone Star state as merger plans take shape

Merger-mania hit the US late last month as two potentially market-changing deals broke cover in less than a week. Then, within 24 hours, one collapsed. Few in the market will have been surprised that Orrick Herrington & Sutcliffe featured prominently in one of the potential mergers. The firm, which earlier this year confirmed it had […]

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Seven City lawyers get the nod in White & Case promos

White & Case has promoted 35 partners across its global offices, including seven in London. The firm said the City promotions are evidence of its continued investment in the office, following the promotion of five associates to partner earlier this year (9 March 2010). The Wall Street firm has also made four partner hires in […]

Jeremy Sandelson
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Focus: Clifford Chance, Reborn in the USA

Clifford Chance has had a tough time of it across the pond, with its litigation practice suffering while competitors have prospered. But now the firm is adopting a rebuilding strategy intended to make it a force to be reckoned with Perspective is everything if you’re Jeremy Sandelson. “Having been much bigger a few years ago, our US litigation practice […]

Farmida Bi

Corporates should explore the Islamic finance route

While the first UK corporate sukuk, issued on behalf of International Innovative Technologies, may have been relatively small in terms of volume, it is hoped that its effect on the Islamic finance market in the UK will be significant. The transaction utilised the sukuk al-musharaka structure and raised $10m (£6.3m) for the Gateshead- based technology […]

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