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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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It's been a bad week for…

Lord Irvine, whose advisers are set on making the Lord Chancellor more cuddly and will not rest until he becomes the “People’s Derry”. The Lord Chancellor has to defend his position because Jack Straw wants to set up a justice ministry with himself as head. Lord Irvine’s downsizing will involve a visit to the set […]

The inside dope on learning the ropes

You could be the on-call duty solicitor, in at the IT deep end or arguing a case before the magistrates court. Matheu Swallow goes trainee-spotting, and hears from a recently-qualified solicitor enjoying a different sort of deep end in Bermuda. The mature trainee Mark Simons is 38, married, with two children aged 10 and 11 […]

Shearmans loses lawyer to Lovells

Lovell White Durrant is bolstering its international tax practice by taking on a senior lawyer from Shearman & Sterling’s New York office. Joseph Gruber joins Lovells’ New York office, specialising in M&A and capital markets. After five years at Shearmans he joins Lovells to head up its tax department. Gruber is the first lawyer in […]

Baker & McKenzie's new grandmaster

Christine Lagarde French national Christine Lagarde has just become Baker & McKenzie’s first Madame Chairman. Anne Mizzi talks to the woman who has taken on the task of making all the right moves for the world’s largest law firm. ‘I am calling myself chairman,” announces Christine Lagarde, one of the youngest people to sit in […]

White & Case enlists trade official for Prague office

White & Case’s Prague office has hired a senior public official for the newly-created role of director of government and corporate relations. If the post proves a success, the US firm may look to introduce the model into its other offices. Jan Havelka joins White & Case from CzechInvest, an agency of the Czech ministry […]

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