Call for avenue of redress against auditors

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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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Mediation “not always the answer”

The Law Society is confident that it can win its fight against compulsory mediation in the Family Law Bill, after two rebel Conservative MPs tabled an amendment against the clause last week. Edward Leigh and Teresa Gorman’s amendment could mean a vote on the issue, expected this week, will swing in favour of scrapping the […]

Report looks at duties to the disabled

Further education colleges and government agencies are risking court action because of ignorance of their legal duties towards students with disabilities and learning difficulties, according to Beachcroft Stanley’s education unit. The City firm has been commissioned to write a report, Duties and Powers, on the laws governing provision of further education to people with learning […]

Criminal hustice system shambolic says Heath, blaming narrow aims of police

The criminal justice system is in danger of becoming a laughing stock according to the president of the Justices’ Clerks Society. Speaking at the Justices’ Clerks Society Annual Conference on 8 May, Tony Heath described the justice system as shambolic and lacking an overall aim. Heath singled out the police for attack when he accused […]

High-flying transatlantic wage splits partners

Opinion is divided on White & Case’s move to hike London newly-qualified salaries to New York levels, reports Helen Sage News that US firm White & Case is to start paying New York-level salaries to newly qualified lawyers in London has been met with confusion by the City. UK City firms suggest they may be […]

Litigation Writs 05/11/96

An Abingdon man is heading for a new legal confrontation with a motorist he blames for injuries he received in 1988 and for which he has already received agreed compensation of £80,000. In a sequel to the settlement of the case, David Clubb has now issued a writ against Roger Fowler, of Chipping Camden, Gloucestershire, […]

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