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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 […]

Recommended

Coopers restocks after Warsaw exodus

ACCOUNTANCY giant Coopers & Lybrand has recruited a second new lawyer to its Polish office in an effort to replenish the team following a walkout last December. Wojciech Nowak started in the office’s eight-member tax and legal department earlier this month, joining senior Dutch lawyer Camiel Van der Meij who was brought in from Coopers’ […]

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Debt collecting IN EIRE

Debt collecting in Southern Ireland is considered, comparatively, more expensive and time-consuming than in most other jurisdictions. Part of the difference that exists between debt recovery practice in Southern Ireland and that in England is attributable to the fact that the Irish District Court deals with matters which would normally be handled by the County […]

How they do it over there

The advice given to creditors generally is that once their own procedures have failed to produce the money owed, the matter should then be passed to the specialists for collection. Solicitors are often considered one of the specialists for debt recovery, provided that the action taken is efficient and objective. Belfast firm White McMillan & […]

The practice of Murphy's law

It was a baptism of fire for Ken Murphy when he took over the role of director-general of the Irish Law Society two months ago. Solicitors advising on tax were included in the so-called “snitchers” law, section 153 of the Finance Bill, to the society’s horror. Murphy’s task was to fight the clause. And fight […]

Dangerous sports boost legal work

THE RISING popularity of dangerous sports is generating a boom in legal work as an increasing number of accident victims bring claims for damages. Sporting law experts predict that more cases will reach the courts as an increasing number of people take part in hazardous pastimes in managed surroundings. Likely plaintiffs include those who take […]

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