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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

Bacfi puts focus on arbitration

LORD Justice Saville is to deliver a keynote speech on arbitration at the Denning Lecture held by the in-house barristers’ group Bacfi. The Appeal Court judge has accepted an invitation by the Bar Association for Commerce Finance and Industry to deliver the annual Denning Lecture on 22 May. Judge Saville will speak on arbitration and […]

DAC alone among tipped companies

DAVIES Arnold Cooper is the only law firm to appear on a roll call of the UK’s top 100 companies of the future. The City firm joins the likes of Marks & Spencer, British Airways, BT and ICI in a study by the Corporate Research Foundation just published by McGraw-Hill. Under the DAC entry, the […]

Flotations

Withers acted for plastics company GenCel Group in the £5.7 million acquisition of two plastics moulding businesses

Insurance whiz joins Wilde Sapte

Wilde Sapte has taken on Professor Robert Merkin, a leading legal academic in insurance, as a consultant. Merkin is now attached to the firm’s insurance practice, and has a remit to deal with business development and training. Merkin will shortly become Professor of Commercial Law at Cardiff Law School. He is best-known for writing Colinvaux […]

Bar attacks legal aid waste

A HEAD-ON assault on the wastefulness of the legal aid system is vital if the Government’s plans for a complete overhaul of legal aid are to be averted, says the Bar Council. The co-ordinator of the Bar’s response to the legal aid reform plans, Jonathan Hirst QC, has defended the tactics in its response to […]

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