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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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Fasken boosts London team with Osler hire

Canadian firm Fasken Martineau has bolstered its presence in London with the hire of Canadian Jim Lisson, formerly a partner with Osler Hoskin & Harcourt. Lisson practised at Osler for 26 years, but moved to London last year and has since been acting for one of the bidders on the Canary Wharf deal. His practice […]

Perot’s advisers under pressure as in-houser joins from Hewlett-Packard

US IT services giant Perot Systems has recruited a new European general counsel from Hewlett-Packard (HP) after the previous incumbent left for rival Accenture. Former European head Derek Simpson quit for a senior legal role in Accenture’s European team, clearing the way for Robert Evans to join from HP. The appointment of Evans will place Perot’s key […]

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 […]

The power of two

Partnerships are not just about individuals. The bigger picture is partnerships between law firms. Peter Scott assesses why so many of these alliances fail

Charter One deal secures Linklaters’ position at RBS

Linklaters has firmly demonstrated that it, rather than Freshfields Bruckhaus Deringer, is the Royal Bank of Scotland’s (RBS) first-choice plc-level adviser by closing the substantial UK elements of the bank’s latest US expansion. RBS, advised by Linklaters, closed a London-based fundraising and the £5.8bn takeover of US bank Charter One Financial earlier this month. RBS […]

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