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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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Camerons adds French capacity to European expansion plans

Cameron McKenna has added French and other foreign clients to its international network and a string of eastern European offices by poaching a top French team from major Paris firm Jeantet et Associes. Francis Louvard’s practice will form the French wing of Camerons’ new European alliance, revealed last week in The Lawyer. He is bringing […]

Insurer axes in-house in favour of external firms

Legal fee insurer Eastgate Assistance is closing down its in-house legal department and plans instead to hand out litigation work to its panel. Alex Wise, spokesman for the group, says: “We have made a commercial decision to outsource the work undertaken by this team to our solicitors’ panel.” “This is not a wholesale redundancy,” he […]

Brave lawyers standing up for the rule of law

A year ago Northern Ireland lawyer Rosemary Nelson told The Lawyer: “I’m a firm believer in the rule of law. I find it wholly unacceptable that if you’re doing your job and doing it properly you are subject to intimidation and threat.” Last week, as Nelson drove to pick up her daughter from school, a […]

Bakers IT partner to run client's in-house team

A Baker & McKenzie partner is leaving to join a long-standing IT client of the firm, just six months after being appointed partner. Graham Allan, an IT specialist, will become European managing attorney of Cisco Systems. “I have always harboured ambitions to work in industry and the opportunity with Cisco gives me a chance to […]

LCD to raid courts for criminal budget

THE LORD Chancellor has warned he may poach the budgets of departments such as the court service to mop up any overspend in criminal legal aid. As the Access to Justice Bill progressed through its third reading in the House of Lords, Lord Irvine sought to calm the storm caused by his warning that the […]

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