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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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Creditors slug it out for share of Barings' assets

Lawyers acting for Barings investors are squaring up for a High Court battle over the future ownership of $150 million of assets in Barings BV, the Dutch wholly-owned Barings plc subsidiary. Two groups of Barings institutional creditors holding $150 million of guaranteed floating rate capital notes apiece have competing claims on the BBV assets. One […]

Hoover fails to stem tide of flight compensation claims

HOOVER has failed in its latest attempt to fight a multi-million pound compensation claim from customers who say they were “duped” by the company in its free flights promotion. The appeal by Hoover to the St Helens County Court was dismissed by Judge Peter Urquhart who found in favour of claimants. Urquhart supported a decision […]

Dentons tests Internet ads

Helen Sage reports A lawyers’ guide to the Internet is promoting on-line services as a means of advertising. At present there are only a handful of firms which have Internet pages, including Clifford Chance, Denton Hall, Edge & Ellison, Maxwell Batley, Fox Williams and Lawnet. The ‘Guide to the Internet for lawyers’ says the firms […]

Litigation Disciplinary Tribunals 01/08/95

– JOHN BARRY SIMON MCKAY, 48, admitted 1975, practising at material time as Simon McKay, Ongar, Essex, fined £1,500. No order made as to costs. Allegations substantiated he wrongly drew and utilised client money and fail

The fall of los intocables

Michael Gillard looks at the machinations of a Spanish judge’s crusade against corruption in the highest government ranks Phoney companies set up to secretly channel kickbacks into party coffers; a fugitive police chief charged with embezzling public funds to amass a £2 million real estate portfolio and rogue elements in the intelligence service who bug […]

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