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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

Bank awaits Lords' decision

Generale Bank Nederland NV formerly Credit Lyonnais Nederland NV has sought leave to appeal to the House of Lords against refusal of its claim against Export Credits Guarantee Department. Generale Bank’s claim arises out of five banker’s guarantees issued by Export Credits. Generale Bank claims that Export Credits is vicariously liable for the acts of […]

Ashursts brings EU judgment to UK

Ashurst Morris Crisp has won the first English test of whether consent judgments in European courts can be enforced over here. Ashursts’ client, luxury car leasing company Landhurst, won its case in the Belgian courts against a company which had leased three Ferraris and two Aston Martins from it without paying for them. The company, […]

Let the trainees' voice be heard

Representation on the Law Society council would enable the TSG to build on the work it already does seeking solutions to the problem of debt among trainees, says Nick Armstrong. Dr Nick Armstrong is a trainee at Irwin Mitchell in Sheffield and chair of the TSG. Over Christmas, I read an article in the New […]

Gwent courts fall foul of inspectors

GWENT magistrates courts have been criticised by inspectors for providing a ‘generally poor quality of service’ to the public. But the Magistrates Court Committee (MCC) for Gwent has expressed disappointment at the negative tone of the report issued last week by HM Magistrates Courts Service Inspectorate. Government inspectors visited Gwent MCC’s courthouses for 11 days […]

Newcastle firms applaud Court of Appeal visit

Lawyers in the North East have applauded the idea for this week’s visit of the Lord Chief Justice and the Court of Appeal to Newcastle. And they say they would like to see a regional Court of Appeal made a permanent fixture. The Appeal Court’s criminal division is sitting for the first time ever in […]

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