Eversheds says China/EU talks will lay some foundations for positive investment activity

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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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Garden leave: 12-month restriction upheld by High Court

By Katy Meves The High Court has granted an injunction to keep an employee on garden leave for the whole of his 12-month notice period. The recent decision in JM Finn & Co Ltd v Holliday demonstrates that garden leave clauses can be a very helpful tool for an employer dealing with an employee who […]

Eversheds says Court of Appeal decision sends a ‘clear message’ on Jackson reforms

Glenn Newberry, head of costs at Eversheds, has commented following a Court of Appeal judgment regarding costs in the Andrew Mitchell v News Group Newspapers case. Newberry said: ‘The Court of Appeal has sent a clear message to practitioners that breaches of the rules will no longer be tolerated and sanctions introduced by the Jackson reforms, […]

Partnerships under pressure: part one

By Niall Murphy The Revenue has announced a number of measures — and, for the arrangements covered by this article, has already implemented the measure — to crack down on what it perceives as the use of partnerships for tax avoidance purposes. In all cases, they counteract what have been reasonably standard and long-term planning measures. […]

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Supreme Court rejects B&B owners discrimination appeal

Christian guest house owners who refused to allow a couple to take a double room because they were gay have had their appeal rejected by the Supreme Court. The B&B owners, Hazelmary and Peter Bull, instructed Matrix Chambers’ Aidan O’Neill QC to take their appeal to the court after the Court of Appeal (CoA) found […]

Karanovic & Nikolic hosts event on transfer pricing in Serbia

More than 50 participants have attended an event hosted by Karanovic & Nikolic on the implementation of transfer pricing in Serbia. Tax partner Tanja Unguran elaborated on the legal implications of the newly imposed transfer pricing study, which is obligatory for all Serbian companies to file. Aleksandra Raach, regional transfer pricing head, provided participants with insight on the practical […]

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