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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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Norton Rose retains chief in snap election

Norton Rose has re-elected Peter Martyr as its chief executive after bringing forward its election for the post by six months. Martyr will stay on for another three-year term from 1 January 2009 after an uncontested election aimed at avoiding any infighting during the economic downturn. A Norton Rose partner told The Lawyer: “Our concentration […]

Gobbledy cooks

Tulkinghorn is surprised that some lawyers out there still persist in cooking their own food, despite earning salaries that would shame a medieval baron.

Slap-up party

Few stories have quite the same frisson of irony as the following vignette picked up by one of Tulkinghorn’s spies in the legal community. A personal injury partner at Harrison Clark is facing being struck off after he slapped a woman at a party to celebrate winning a court case. The lawyer pleaded guilty in […]

Class Actions

Collective redress, group litigation orders (GLOs)… however it is dressed up, it amounts to the same thing: class action. And it is an arena taking the legal profession by storm.

Pannone leads way in North West

Pannone has performed best of the North West firms that have released figures, with profit per equity partner (PEP) expected to rise by 15 per cent to £300,000. Revenue growth has rocketed by 18.7 per cent, with the firm breaking through the £50m barrier for the first time. Managing partner Steven Grant said the small […]

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