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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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Real Estate

After battling with the after-effects of the Martinez and the Cat Corner and the Cat Corner night club, it is time for more than 15,000 property professionals to assess their Mipim strategy. Boardrooms will reverberate with that all-important word – marketing. But between you and me, what they’re really talking about is selling. This year […]

A VIEW from germany

The ministerial draft of the Securities Purchase and Takeover Act, published earlier this month by the Federal Ministry of Finance, can be assessed positively. Many of the original provisions were disputed and discussed in both professional and political circles. On the back of this, the ministerial draft includes some considerable changes. One of them is […]

Osborne Clarke dumps German merger for mass lateral hiring

Osborne Clarke has abandoned plans to merge with its German alliance firm Graf von Westphalen Fritze & Modest as it woos partners from the German firm’s Cologne office. In a turnaround in strategy, Osborne Clarke has decided to grow organically, with sources stating that a return to the negotiating table is highly unlikely. The firm […]

Arnold & Porter boosts IP focus

THE LONDON office of Washington DC firm Arnold & Porter is taking on the founder of the intellectual property (IP) department at Nicholson Graham & Jones. Sarah Kirk specialises in non-contentious IP and IT work, focusing on commercial IP/IT agreements relating to e-commerce, data protection, outsourcing and corporate deal support. At Nicholson Graham & Jones […]

LEGAL WIDOW

Foot-and-Mouth is forcing the Lawyer to put his hands deep in his pockets for our Easter holiday, something he finds painful at any time of year. With much of Britain out of bounds, the cheap Welsh cottage we’d set our hearts on (well, the Lawyer’s heart was set on it, anyway) has gone to the […]

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