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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

Firm issues guide to life under Labour

Clifford Chance has become what is believed to be the first law firm to draw up a guide for its clients on what life under a Labour government might be like. Entitled New Labour, New Government? it has been compiled by the firm’s public policy group headed by Richard Thomas, who was appointed from the […]

Financing

Herbert Smith acted for Friends Provident Life Office on a £215 million bond issue by its subsidiary

Donns set to launch Gulf War action in New Year

Manchester law firm Donns is preparing to launch legal action against the Government over ‘Gulf War Syndrome’ in the New Year. Donns partner Hilary Meredith, who represents more than 1,000 veterans, has written to ask firms Dawbarns and Gill Akaster, which have been awarded the generic legal aid contract to sue the Government, asking them […]

County court challenge

Leicester widow Merinda Lea, who claims she was subjected to undue influence to persuade her to put her house up as security on a loan for her former boss, has won the right to challenge a county court order for possession of her home. The county judge at Nottingham also ordered that Mrs Lea should […]

Litigation Writs 17/12/96

Ideal Country Homes of London W1 is suing Margaret Routledge of Wormley, Surrey and Orkney Property Services of Chichester for damages for alleged breach of a 1989 contract. The claim arises from the purported sale on 14 March 1991 of property which was the subject of the contract at a gross undervalue and for breach […]

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