Conference told of Net gains

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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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Another taste of Gaelic

Regarding the Tulkinghorn column in The Lawyer 30 April, I believe the Gaelic phrase for which your correspondent was searching is actually “Slan leat” meaning (literally) “[good] health [remain] with you”. Slan agus beanachd. Craig Dunford Middlesex.

City firm is latest caught in Internet Web growth

City firm Rowe & Maw has taken a site on the Internet. The firm can now be contacted at http://www.rowe andmaw.co.uk/index.htm. It will include specialist brochures and lists of specialist services and contacts. Managing partner Richard Powles said: “We are simply responding to the needs of our clients. A number of them, particularly those based […]

In brief: C&L appoints stamp duty expert Quinlan

Coopers & Lybrand has appointed Inland Revenue stamp duty solicitor Michael Quinlan to head its stamp duty group following a series of departures from its law team. Coopers had been planning to follow Arthur Andersen and Price Waterhouse in setting up a standalone law firm with Peter Preston, a former Theodore Goddard partner, at its […]

Macfarlanes in corporate recruit drive

Macfarlanes is to expand its corporate finance department, which has handled advisory work for companies such as BET, Cordiant, David Lloyd and Asprey. Corporate finance partner Robert Sutton said the firm is highly selective in its recruitment policy and new people are not taken on “unless we have plenty of work on our books”. “We […]

No go slow at end of year

I was surprised by Christie Davis’ article in The Lawyer 9 April. My memory of him at Cambridge is that he argued with academic rigour. I am not aware of any evidence that the Police or the CPS arrest and process fewer people towards the end of the financial year. I can produce figures for […]

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