A cautionary tale

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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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Fine wines and classy dates, for young bucks

LAWYERS would most like to spend the night with one half of the UK’s most glamorous couples, Hugh Grant and Liz Hurley and Will and Julia Carling. For male lawyers the night would be accompanied by a bottle of “decent” burgundy and traditional English food. Women prefer nouvelle cuisine and champagne. A survey on the […]

In the docks/aid advice. Undercover protection force

The publicity for World Aids Day has put one giant condom on the Paris obelisk and floated another across the Thames. But few are aware that the Terrence Higgins Trust runs a legal advice service for HIV and AIDS-related problems. Although the Helpline is well-known, the trust’s legal services group recently decided its legal advice […]

Hard-up justice

The Lawyer’s investigation into the state of the magistrates courts makes worrying reading. For the first time, justices’ chief executives (JCEs) have voiced their concerns. Most said they were under financial pressure, more than a quarter have made redundancies while two thirds said they had no confidence in the Government’s intentions to adequately fund the […]

In brief: DAC picks up Halliwells partner

Davies Arnold Cooper has taken on ex-Halliwell Landau partner Stephen Houston to boost its corporate team. Houston, who joins the Manchester firm as partner, was at Halliwell Landau for two years and before that at Norton Rose, London. Houston, who has acted on several company flotations including Traffic Master and Antonov, said he looked forward […]

New York Bar event

Professional responsibility and risk analysis of international trade developments are among topics for discussion at the autumn meeting of the International Law and Practice Section of the New York State Bar Association. The seminar, held in Vancouver from 18 to 22 October, will be attended by over 300 lawyers worldwide. Organised in conjunction with the […]

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