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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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CC unveils appraisal programme

Clifford Chance is rolling out its partner appraisal programme, marking the first time in its history that the firm has put a formal assessment process in place. The move, voted through last year, means that all partners will now be assessed at a local level, ie within their own practice areas by their peers. The […]

Watson Farley NY makes second Shearman lateral

Watson Farley & Williams’ New York office has raided Shearman & Sterling for a new partner for the second time in 12 months. Stephen Millman, a senior partner specialising in tax and leasing, will move to Watson Farley’s New York office on Monday (24 May). On joining he will be reunited with his former Shearman […]

College of Law and LSC to create Legal Aid LPC

The College of Law and the Legal Services Commission (LSC) have teamed up to create the first legal aid orientated LPC.Called the ‘public legal services pathway’, the new LPC will be available from 2005 at the college and also Cardiff Law School. The course will offer two new modules, advanced criminal litigation and housing (subject […]

3/4 South Square barrister joins St Philips

Birmingham chambers St Philips has scooped a senior barrister from premier insolvency set 3/4 South Square. Bristoll is making the leap after 14 years at 3/4 South Square, although she will retain an associate membership post there. First revealed on www.thelawyer.com 12 May

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