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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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Initiatives for a female future

Increasing the number of women reaching and staying at partner level is on the agenda . Although the new Parliament has an unprecedented number of female members, including several from the legal profession, the recent announcement of this year’s crop of partners shows that the legal profession still seems to be lagging behind in the […]

Route to the top

Is size everything or is success simply a matter of focus? Leo Schulz reports on the strategy of the leading firms. The leading firms in this year’s Top 100 are much the same as those which appeared in our first survey 10 years ago. Clifford Chance, which had at that time only just merged, was […]

In brief: Dundas & Wilson woos rivals' lawyers

Scottish firm Dundas & Wilson has poached two more lawyers from rival Scottish firms including Graham Sibbald, head of the corporate department at Bird Semple. Sibbald follows close on the heels of venture capital partners Robert Pirrie and Douglas Crawford from Maclay Murray & Spens, which has also lost senior assistant Caroline Ferguson to Dundas […]

Media lawyer attacks Aclec proposals

Proposals for a stricter rule on lawyers talking to the press will place excessive restrictions on solicitors, preventing them responding to police leaks, according to leading media lawyer Mark Stephens. The Lord Chancellor’s Advisory Committee on Legal Education and Conduct (Aclec) has advised the Law Society to make explicit rules requiring solicitors, as soon as […]

Is Lambeth the future of local authority PFI?

The Labour government has new plans for PFI. Andrew Walsh argues that the recent contracting out of Lambeth Council’s services could point the way forwardA prime candidate for new Private Finance Initiative activity must be the local government sector, heavily regulated under successive Conservative governments and suffering a backlog of investment in infrastructure and services. […]

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