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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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In the line of fire

When Vanni Treves takes over as chairman of Equitable Life, his life promises to be anything but. Can he turn the tables on the headline writers? Offering me, in his words, a “warm and soothing” cup of camomile tea, is the man that a headline in The Mail on Sunday labelled a bully. Macfarlanes former […]

LEGAL WIDOW

The Lawyer’s beloved secretary has gone on extended sick leave as the result of some appalling accident at the salsa class she teaches in her spare time, which has put half the class in traction. It means, of course, that the Lawyer has been assigned a new secretary from the admin pool. “Do they all […]

DMH acquires presence in London with Fairbairns tie

South East firm DMH has launched a London presence with the acquisition of niche City practice Fairbairn Morris. The deal became effective on 5 March and marks the first move to the capital by the firm, previously known as Donne Mileham & Haddock. Fairbairns specialises in commercial property and litigation. The firm’s three partners will […]

MoFo shuts Buenos Aires and opts for local alliance

San Francisco firm Morrison & Foerster (MoFo) is pulling out of Buenos Aires and setting up an alliance with a local firm instead. The firm, which opened the office at the beginning of 1999 to service clients moving into the region, will send the US lawyers at the office to other international offices. In place […]

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