AMO claims 2.4 per cent offer derisory

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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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Eurobond tax could threaten City

Cliff Dammers, secretary general, International Primary Markets Association Boyan Wells, managing partner, Allen & Overy Simon Firth, partner, Linklaters A curious spot of Euro-meddling in the billion-dollar eurobond market is threatening a calamity in the City. The European Union’s (EU) determination to stamp out tax evasion has led to proposals for taxing the profits of […]

Barrett summons one day out

Barrett Homes has won the right to challenge a decision by Bexley Justices giving the green light for it to be prosecuted for making allegedly false and misleading statements over a property price list. Barretts claim the summons on 19 June 1998 was laid over a year after the discovery of the alleged offence. It […]

The Lawyer Inquiry: Jackie Hawken

Jackie Hawken was born in Bristol in 1952. She is a senior solicitor and practice manager at Bristol City Council. What subject(s) did you fail at school? Quite a few. But it hasn’t stopped me. What was your first job? Petrol pump attendant. What was your first salary as a lawyer? u12,000. What would you […]

Flawed genius rises again

The high-flying Irish solicitor Elio Malocco relished his days in court. Some of his cases made front-page news – in Britain as well as Ireland – making him a media star. Handsome, urbane and articulate, he was sought after by camera crews and reporters alike. Malocco was once one of the best-known faces in the […]

Olivetti law firm chief in directorship link

The senior partner of an Italian law firm which is advising Olivetti Group on its hostile billion-pound bid for Telecom Italia is a director of a company in which the computer giant has a substantial stake, The Lawyer can reveal. Sergio Erede, senior partner at Milan-based firm Erede & Associates, is on the board of […]

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