BCCI prompts new case limits

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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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One killed in Sarkozy law firm bomb

A parcel bomb has killed a legal secretary and seriously injured a lawyer in the building of French president Nicolas Sarkozy’s former law firm. The package was addressed to a firm run by Catherine Gouet-Jenselme on the fourth floor of a building on Paris’ Boulevard Malesherbes. The firm, which specialises in divorce, insurance and property […]

BSB to scrutinise compliance with conduct code

The Bar Standards Board (BSB) today (7 December) announced it will launch a pilot scheme to monitor whether chambers are complying with the bar code of conduct. The pilot, which is due to launch in April next year, is the forerunner to the quality assurance scheme (QAS) that is currently being put in place to […]

Taxi scabs

Tulkinghorn and his scribes have had much discussion this week about the etiquette governing corporate taxis. Yes, that’s ‘taxis’ – a far more interesting subject than corporate taxes, Tulkinghorn believes. The general consensus seems to be that, if someone comes into a firm to provide a service, some entertainment perhaps, it would be reasonable for […]

Reed Smith can’t hear London calling

As partnership promotions go, three in London is pretty paltry, even for a US firm. As partnership promotions go, three in London is pretty paltry, even for a US firm. So news that Reed Smith Richards Butler has made a trio of UK promotions from a worldwide total of 31 (www.thelawyer.com, 7 December) is sure […]

Merging is a step too far for Herbies, Gleiss Lutz and Stibbe

The definitive decision from management at Herbert Smith, Gleiss Lutz and Stibbe to dismiss merger talks out of hand has brought an end to months of speculation about how the allied firms would manage their futures. The definitive decision from management at Herbert Smith, Gleiss Lutz and Stibbe to dismiss merger talks out of hand […]

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