Court rejects SFO's press ban request

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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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Fraud claims could 'cripple' fund

THE SOLICITORS Compensation Fund could face a string of crippling multi-million pound claims arising from the alleged activities of one sole practitioner. A claim for u2.25 million and another for nearly u1 million have already landed at the door of the Law Society and it is feared that others may be waiting in the wings. […]

Firms deny negligence claim

TWO law firms are to defend a negligence claim running into millions of pounds after allegedly failing to warn their clients a property they were buying was “seriously overvalued”. Jeffrey Green Russell and Lovell White Durrant both say they will contest their liability vigorously at the High Court trial scheduled for Monday next week. Rentaminster, […]

Bank of Scotland trims legal panel

The Royal Bank of Scotland, banker to scores of law firms, has slimmed down one of its specialist legal panels. Routine personal debt recovery work is now being carried out by a handful of practices linked to a computer network. The panel has shrunk from about 35 to just nine firms to take advantage of […]

Lebanon and UK law socs sign treaty

LINKS between lawyers in Britain and the Middle East are expected to improve as a result of an agreement of friendship signed by the two countries last week. The historic document, signed in Lebanon by the Law Society, the Beirut Bar Association and the British Middle East Law Council (BMELC), follows a cross-border conference held […]

In brief: Goldsmith joins financial reporting panel

Bar Council chairman and leading commercial lawyer Peter Goldsmith QC has been appointed as a member of the Financial Reporting Review Panel. The panel’s remit is to examine the annual accounts of public and large private companies to see whether they comply with the Companies Act 1985. Chair of the panel is Edward Glasgow QC.

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