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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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Ashurst partner set for Gibson Dunn

Gibson Dunn & Crutcher has set up a UK employment practice, scooping Ashurst employment partner James Cox for its London office. Cox specialises in the employment side of M&A deals, industrial disputes, corporate governance matters and employment issues facing private equity companies. Gibson Dunn managing partner Ken Doran said: “His addition allows us to offer […]

Follow that client

Scottish corporate lawyers are losing ground to London and the South East as clients increasingly head south of the border. By Matt Byrne Maclay Murray & Spens‘ loss of private equity star Graeme Sloan to Latham & Watkins earlier this year was a major blow to the former’s private equity ambitions, particularly in the crucial […]

Fisher Jones Greenwood creates scheme to help vulnerable children

Colchester law firm Fisher Jones Greenwood has established a pilot charity legal service for young people in Essex, with assistance from the Legal Services Commission (LSC). The scheme, called Lawyers for Young People, aims to assist young people in the Colchester, Chelmsford and Basildon area who are either in, or formerly in, the care system, […]

Hunton high and low

Lawyers are not normally connected with industrial espionage, but the legal bods at Hunton & Williams haven’t let that stop them. Housed on floor 18 of the Gherkin, Hunton lawyers must normally descend to the first floor to catch a lift to the restaurant. However, many of them have been taking a detour via the […]

Law Soc changes let Willoughby become Rouse again

IP protection firm Willoughby & Partners has changed its name to Rouse Legal, after the Law Society lifted restrictions on the use of the firm’s name. Managing partner Tony Willoughby said: “The object of the name change is to underline the very close connection that exists between the UK legal practice and the global intellectual […]

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