Court costs shackled by fee-capping case

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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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No way out

As stamp duty land tax comes into effect, Kirsten Davison highlights the dramatic effect this will have on commercial landlords and tenants alike 1 December heralds the introduction of stamp duty land tax (SDLT). The new legislation represents a major upheaval of the existing stamp duty regime, and its impact will be widely felt across […]

Electra Partners boosts Ashursts’ Euro network

Ashurst Morris Crisp’s European offices have been put to the test after snaring the multi-jurisdictional mandate for Electra Partners’ secondary buyout of Italian chemicals distributor Azelis Sarl. Electra’s e135m (£93.1m) purchase from Permira, the third exit the private equity rival has made in just over a week, was run out of Frankfurt. As well as […]

Publicis UK growth prompts search for London counsel

French advertising giant Publicis Groupe is set to launch a UK legal function and is on the hunt for its first London-based lead counsel. The move follows the rapid expansion of the group in the UK. Publicis general counsel Russell Kelley said: “We now have a critical mass in London, which justifies the creation of […]

ECJ tells Italy to liberalise access to legal profession

The European Court of Justice (ECJ) has ordered Italy to liberalise its regulations governing access to the Italian legal profession. The ECJ has demanded that Italy’s national bar council does not reject out of hand qualifications gained in other European Union (EU) Member States. The court ruled that by blocking part-qualified French national Christine Morgenbesser […]

Kilpatrick in UK relaunch with Canary Wharf move

US firm Kilpatrick Stockton is set to become the fourth law firm to move to Canary Wharf, providing another boost to the site’s prospects. The Atlanta firm is understood to be on the verge of signing up for 28,000sq ft at One Canada Square, with rent at an estimated £42 per sq ft. The office […]

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