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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

In brief: Line-up for international banking event

Clifford Chance partner Michael Bray, William Blair QC, and New York-based Shearman & Sterling partner Ronald DeKoven are among the speakers listed for this year’s International Banking Law Conference to be held at London’s Claridges in October. Issues to be discussed include insolvencies in Eastern Europe, State aid and the international banking community, and rights […]

Financing

Pinsent Curtis advised FKI on a syndicated £120 million revolving multi-currency and sterling acceptance credit facility led by Barclays Bank. Barclays was advised by Clifford Chance.

Green Form business – easy pickings?

Hard sell or just bending the rules? Starting a new series of in-depth reports, Cyril Dixon looks at the “easy business” of winning Green Form clients PETER LANE is sharp, hard-working, and has an unerring eye for a business opportunity. He is also a source of irritation to the Legal Aid Board. Lane is the […]

There's more than one way to track down the ideal employee

Splitting from a law firm at a senior level is “a bit like getting divorced,” according to one partner who recently joined a rival practice. “It is a risk but if you suss out that the people in the new firm share the same goals and ideas, it can work out very well.” For those […]

In brief: Chancery judge available for hire in North

Mr Justice Jonathan Parker, the vice-chancellor of the County Palatine, is calling on lawyers to contact his clerk for matters needing a Chancery Judge in northern England. He says if a matter “can be identified as justifying a hearing by a Chancery High Court judge, arrangements can be made for the attendance of a Chancery […]

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