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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 […]

Recommended

A move for income support

Judgment is now pending in the Court of Appeal in the case of Ellis v Chief Adjudication Officer, in which Lords Justices Staughton, Otton and Schiemann have been asked to decide whether the Social Security Chief Adjudication Officer was wrong to hold that the appellant was not entitled to income support. The officer found that […]

Internet agencies

If 1996 was the year when Internet became the word most used without any real understanding, then 1997 may well be the year when we work it all out. Last year, Internet panic swept through the travel industry as companies wondered and worried about the effect of this new medium. One moment an ugly rumour […]

Learning flexibility

Linklaters & Paines’ move to introduce a flexible working policy for partners is to be commended for its acknowledgement that lifestyle is an important factor in any working environment. For too long firms have strived to keep up with the macho myth that long hours signal high productivity and commitment. A number of them have […]

Theodore Goddard site scores 100,000 visits in six months

Liz Davidson reports CITY firm Theodore Goddard’s Web site has received more than 100,000 hits since its launch six months ago. This compares with 20,000 hits during a three-month period at Denton Hall and 135,000 at Clifford Chance during March. According to research conducted by Theodore Goddard, the largest group to visit the site is […]

Dibbs on the hunt for space to grow firm by one third

Dibb Lupton Alsop is looking for at least 120,000sqft of new London office space – a third more than it currently occupies in four separate buildings in the City. Philip Perry, Dibbs’ London managing partner and property partner, said: “We are looking on the market for development opportunities. We want to enter at an early […]

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