Adoption directory clarifies the issues

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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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Top Birmingham sets in manager showdown

John Malpas reports TWO leading Birmingham sets have lost their senior managers – one after a contractual dispute, the other following reports of a vote of no confidence among barristers. Former 3 Fountain Court senior clerk Malcolm Elder is instructing solicitors following his abrupt departure last month from the set he joined in 1987. His […]

ABA pro bono event debates US funds cuts

THE FUTURE of federal funding for legal services in the US is at the top of the agenda for US pro bono lawyers as congressional leaders meet to discuss trimming costs. The 11th American Bar Association conference in Nash-ville next month will focus on how to respond to the likelihood of cuts in federal legal […]

Middle Temple hit by Barings fall

THE BAR’S Middle Temple Inn of Court has lost assets worth around u100,000 in the wake of the Barings collapse. The loss could make a dent in Middle Temple’s income. Invested assets with all the Inns contribute an income stream, which covers running costs and overheads including scholarships and expensive upkeep of their old properties. […]

Are derivatives still worth the risk?

Conveyancers are constantly being told that they must adopt a commercial attitude to their work and must no longer look upon conveyancing as their bread and butter. Most solicitors are happy to do this but Practice Rule 6 inhibits solicitors from being properly commercial. The word “conflict” rears its ugly head and solicitors who would […]

IT, the jury's friend

Judge May’s comments in The Times about the courts’ adoption of information technology after the abandonment of a mortgage fraud trial, home in on a point often overlooked in the IT debate. The argument is usually conducted in terms of the increased efficiency that the new technologies bring through their ability to process, store and […]

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