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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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Baker & Botts takes Lovells energy chief

US firm Baker & Botts has lured Lovell White Durrant’s head of energy as it expands its London office. Tony Higginson joins the Houston-based firm’s London operation to lead its UK energy practice. He joins fellow energy partner Samantha Hampshire, who has defected from Arnheim Tite & Lewis (The Lawyer, 4 October). Higginson has specialised […]

Advice for those wanting to move

Like football management, running a City firm is increasingly a young man’s game. In the same week that Allen & Overy shocked the profession by electing 44-year-old Guy Beringer as senior partner, Berwin Leighton announced that Neville Eisenberg, a mere 37, was taking over as managing partner at the firm. When we meet for lunch, […]

Biddle outsources marketing

Biddle is outsourcing the bulk of its marketing work in a bid to increase cross-selling across practice areas. Former Ladbrokes in-house lawyer Marie Stevens and her specialist business services group company Corporate Mosaic will begin working for the 35-partner practice in the new year. Stevens says that Corporate Mosaic was appointed “to extend clients in […]

Time to pull together

It is impossible to quantify the amount of work or potential work that was being signed up at Legal Monte Carlo ’99, but it was clear from discussions at the bar as well as in the presentations that the relationship between in-house and private practice has reached a critical stage. DJ Freeman’s Laurence Harris declared […]

Russell Jones & Walker woos three partners from rivals

Leading personal injury firm Russell Jones & Walker (RJW) is poaching three partners from rival firms as it aims to double its size in Manchester. Michael Conner, a personal injury partner with trade union practice Thompsons and Richard Crabtree brain injury specialist partner at Betesh Fox & Co, who is also the secretary of the […]

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