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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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Six unions join Justice Forum to fight cuts in legal resources

Six unions with legal connections have launched a Justice Forum designed to “unveil the full chaos that exists in the justice system”. The forum, which aims to coordinate the interests of those working in and using the justice system, says it will “maintain a watching brief” across the whole justice system and demonstrate the full […]

The Aim of the prosecution

In 1991, City firm Allison & Humphreys was instructed by Dutch reinsurer NRG to act in a £400m professional negligence claim which was heard in the Commercial Court in the Royal Courts of Justice last year. The defendants were Bacon and Woodrow, Ernst & Young and Swiss Bank. During the preparation of the case and […]

Lord Woolf's report whistles in the wind

Lord Woolf underlines the importance of public law, when he states in his recommendations that: “Many… public law proceedings… are of considerable constitutional significance, since they are the means whereby the lawfulness of decisions of public bodies can be examined by the courts.” It is also, therefore, of the utmost importance that the ordinary citizen […]

Newcastle chambers claims annexe first

The Newcastle chambers of Richard Bloomfield, 148 West Road, has become the first Newcastle set to open outside the city centre. Its annexe, at 2 Lansdowne Place, Gosforth, aims to attract local business away from the other four sets based in the city centre. A chambers spokesman said: “The other chambers are around Quayside. We […]

In brief: Practising certificates released in Welsh

The Law Society has launched Welsh language practising certificates. Society president Tony Girling presented the certificates – Tystysgrif Ymarfer – to Lord Cledwyn of Penrhos and MP Elfyn Llwyd at a function last week. The establishment of the certificates follows a recommendation by the Society’s Welsh Language Working Party.

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