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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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De Brauw resumes talks with Linklaters

Linklaters and De Brauw Blackstone Westbroek have resumed merger discussions after they broke down over a series of problems six months ago. A spokesman for the leading Dutch firm said: “We decided last week to get the talks back on. Before that there were no formal discussions or negotiations, but we were working very closely […]

Beware – contagious Iqs

Tulkinghorn hears remarkable news from the bar. One could even go so far as to say it heralds a revolution in clerking – the alcohol-free clerk.The story begins in Paris, where clerks from Blackstone Chambers, including senior clerk Martin Smith and first junior Gary Oliver, were enjoying the hospitality of one of the set’s French […]

Show stoppers

The showbiz world is fickle and putting value to a film before its production is risky for both funders and insurers. Alex Gunning reports on what happens when the films flop

IBA condemns Sri Lankan judicial system

AN International Bar Association (IBA) report has condemned the deteriorating judicial and constitutional system of Sri Lanka. The report finds that the government of Sri Lanka has attempted to act unconstitutionally, that the independence of the judiciary has been undermined by the chief justice and that the Sri Lankan media has been harassed and intimidated.Until […]

Baker & McKenzie launches a fourth Brazil office

Baker & McKenzie has opened a fourth office in Brazil, taking its global tally to 62. The international firm has formalised its longstanding association with local practitioners to set up a base in the southern city of Porto Alegre.The office will be headed by partners Claudio Mangoni Moretti and Ricardo Dornelles Chaves Barcellos. They will […]

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