2Birds targets Middle East with Abu Dhabi launch

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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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UK banks fend off mooted pre-election facelift

Coming into the election, there were clear dividing lines between the parties on bank regulation – Labour thought that the existing mechanism worked well and wanted to keep it; the Conservatives wanted to remake the regulatory system; and the Liberal Democrats wanted to remake the banking system. The triumph of the Conservatives and Liberal Democrats […]

Tulkinghorn: 99 problems but a pitch ain’t one

Remember The Flying Doctors, the Aussie drama series where mulleted medics swoop in to save the day? In the same vein Pinsent Masons has launched pitch doctors, an initiative aimed at helping lawyers prepare for those all-too-important client meetings. The scheme was launched and is led by IP and technology partner Catrin Turner, who is […]

Kennedys pulls a U-turn on lawyer bonuses

Kennedys is to pay bonuses at the financial year-end after telling lawyers last year that they would no longer receive the package. In March 2008 staff were told that the salary enhancement scheme would be abandoned at the 2009-10 year-end in favour of a salary rise for all. At the time senior partner Nick Thomas […]

1

Kennedys’ year-end turnover up by a third

Insurance and litigation firm Kennedys has reported a 31 per cent rise in turnover to £88.25m at the 2009-10 year-end. It is the second consecutive year of strong growth for the firm, which last year reported turnover of £67.3m, up 30.7 per cent from £51.5m at the 2007-08 year-end. The firm’s UK offices contributed the […]

Joanna Parker

It’s time for human resources to get creative, says HR Strategy conference

Human resources strategy is no longer just about ­managing redundancies; it now requires a creative engagement with a new legal world. That was the message from The Lawyer’s annual HR Strategy conference last week. The world of change was nowhere more starkly depicted than in Tony Williams’ sketch of the ­possibilities raised by the Legal Services Act next year. If […]

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