Bacfi gives scant praise to rights of audience victory

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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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Professional negligence Bar

In the professional negligence feature (The Lawyer, 17 March), Michael De Navarro QC was wrongly stated as having acted for Edward Erdman in Nykredit Mortgage Bank v Edward Erdman. In fact, Simon Berry QC of 9 Old Square acted for Erdman.

New body, new regime

A new regulatory body is to police Jersey’s finance industry. Richard Syvret explains how it will work. Richard Syvret is director of Jersey’s Financial Services Department. Over the past 40 years, Jersey has become a leading international finance centre. Trustees, custodians, administrators, accountants and lawyers make up some of the 10,000 professionals employed by the […]

In brief: Hoon takes legal aid consultation to Cardiff

Geoff Hoon, the Lord Chancellor’s parliamentary secretary, will meet Welsh solicitors in Cardiff this Thursday as part of the consultation process on proposed changes to legal aid. Two weeks ago he was due to meet solicitors in Bristol, but he cancelled after the Bristol office of the Law Society issued a press release which said […]

Problem plaintiffs in the dock

The resolution of cases involving a group of individual investors and a firm of stockbrokers has resulted in a stern warning from Jersey’s courts about the importance of avoiding dirty tactics. Michael O’Connell and Fraser Robertson report. Michael O’Connell is a partner and Fraser Robertson is an associate at Jersey firm Bailhache Labesse. The Jersey […]

CPS report on hold as Mills draws up response

PUBLICATION of the long-awaited Glidewell review into the Crown Prosecution Service has been put on hold to allow Director of Public Prosecutions Dame Barbara Mills QC to respond to the report’s findings. The Lawyer understands that the retired Court of Appeal judge Sir Iain Glidewell has conceded to a request by Mills and her senior […]

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