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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

deal of the week – swiss life

Manchester niche commercial firm Perkins & Company now advises insurance giant Swiss Life on the majority of its UK property needs. The client was introduced by head of property Clive Bleasdale when he joined from Berrymans Lace Mawer 14 months ago. Since then, Bleasdale has advised Swiss Life on the acquisition of offices at Cannon […]

Slaughters' Pescod takes early retirement

Senior Slaughter and May corporate partner Michael Pescod is retiring from the firm in July. Pescod’s departure from one of the industry’s closest partnerships will come as a shock to the City. He is one of the highest billing lawyers in the market and last year racked up a deal value of £63.3bn on just […]

Advice for the young at heart

Traditionally, the only cases where employers paid for financial advice was for staff who were about to retire. Now one of the fastest-growing employee benefits, independent financial advice is offered to all levels of employees. It can cover any aspect of finance, from the tax implications of maturing share options to what employees should do […]

Faegre links up with German firm

Minneapolis-based Faegre & Benson is merging with local German law firm Brendel Ekkenga Daniel & Partner to expand its office in Frankfurt. The Frankfurt office was opened in 1991 and will now operate under the name Faegre Benson Brendel. Intellectual property (IP) and IT partner Horst Daniel, employment partner Thomas Drosdeck, commercial partner Thomas Hopf, […]

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Star wars

Globalisation of businesses and the use of the internet as a communication norm have contributed to the growth in media deals and disputes. Bigger deals, resulting in mammoth media organisations, and the impact of new laws on businesses, are some of the challenges that lawyers faced in the year 2000. As the law rapidly changes […]

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