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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 […]

Recommended

In brief: Firms still in the merger mood

Nearly half of the 30 lawyer delegates at a conference on law firm mergers last week said their practices were involved in merger talks. Another third said they were open to merger offers and only just under a quarter said they were not interested. The 23 firms that attended “Merger Most Foul”, organised by management […]

Labour City seminar plan falls flat

AN AMBITIOUS Labour Party initiative to raise £100,000 from a series of seminars for City lawyers featuring members of its front bench had to be cancelled due to lack of interest. The initiative was officially launched last December by the Society of Labour Lawyers and was designed to drum up funds and enthusiasm for Labour […]

Litigation Recent Decisions 25/03/97

Fire brigades not liable if they fail to turn up at fire (1) Capital and Counties v Hampshire County Council & ors (2) Digital Equipment Co v Hampshire County Council & ors (3) The Church of Latter Day Saints (Great Britain) v West Yorkshire Fire and Civil Defence Authority (4) John Munroe (Acrylics) v London […]

Pioneers of partnership law

The Liability Partnerships (Jersey) Law has now been registered and is expected to come into force later this year. Despite earlier indications that the Conservative government would not support the early introduction of equivalent legislation in the UK, the registration of the law appears to have prompted the Department of Trade and Industry (DTI) to […]

Scots vent anger over public fund to protect conveyancers

Scottish solicitors have attacked the Government for paying a £40,000 indemnity insurance premium for licensed conveyancers in a bid to get the profession off the ground in Scotland. The funding is being offered by the Scottish Conveyancing and Executry Board, a newly launched non-departmental public body which has been given the job of overseeing the […]

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