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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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German firms join wages war as US firms spark recruitment crisis

US firms go all out to win Germany’s top Graduates: competition soars from investment banks and consultancy firms German law firms are following fast in the footsteps of UK law firms as they teeter on the brink of a salary war. Competition between German law firms for graduates has sent salary levels rocketing and first […]

A View from Germany

Despite ongoing struggles arising from the economic implications of reunification, Germany continues to be the strongest economy in Europe and one of the largest economies in the world. The strong domestic market has never prevented German companies being highly export-orientated. For decades the motor for the economy has not been the domestic, but rather the […]

NFU legal chief leaves at peak of farm crisis

Vidal quits farmers union for specialist ministry of agriculture role The National Farmers’ Union (NFU) is losing its chief legal adviser as the workload peaks due to the foot-and-mouth crisis. Richard Vidal, who has worked for the NFU for 14 years, is joining the Ministry of Agriculture as a legal adviser. His plays a general […]

Eversheds slammed for high costs as Britannia tests DLA

DLA’s Sheffield office is threatening to oust regional rival Eversheds from its role as licensing adviser to Britannia Hotels. Partners from DLA met Britannia’s head of legal Sue Ashton at The Lawyer Monte Carlo 2001 in February and were asked to submit a tender for the work. Ashton has now given the firm its first […]

Burton Copeland embarks upon national drive with Liverpool office

White-collar crime firm Burton Copeland opens its new Liverpool office today (19 March) as part of a bid to become a national firm. The office will focus on all aspects of white-collar crime cases, and it is hoping to rival Liverpool firms such as Quinn Melville for fraud work. Commercial fraud partner Lesley Burrows, who […]

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