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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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Liverpool FC turns to Grabiner as ownership dispute heads to High Court

Liverpool Football Club has instructed One Essex Court silk Lord Grabiner QC in its High Court showdown with US owners Tom Hicks and George Gillett. The case, which is expected to be heard in the next few days, will determine the fate  of the football club. Grabiner has been instructed by Slaughter and May partner […]

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Links lends brollies to wannabe lawyers

Linklaters is looking to add some innovation to the law fair giveaway season by lending umbrellas to students rather than loading them up with freebies. As part of this year’s milk-round, the magic circle firm will be offering students the chance to ’borrow a brolly’, having in the past handed out items such as stationery […]

Addleshaws team exit fails to deter Berezovsky

Addleshaw Goddard has retained Boris Berezovsky as a client despite the exit of litigation head Simon Twigden, who led the team acting for the Russian oligarch. The firm landed the client in October 2008 after he parted company with Cadwalader Wickersham & Taft. Twigden was key to winning the account, but after he resigned earlier this year (The […]

Links’ new rainmakers

With summer fast becoming a distant memory, thoughts inevitably turn to how to handle the impending chilly winds and icy storms of winter. Hard-up students have, in days of yore, tended to get through the coldest, wettest months of the year by either a) drinking to excess; b) coming up with a way to fiddle […]

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