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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

Press fails in court reports

Because of shifting news values and cutbacks to editorial budgets, the press is failing to cover key civil and criminal court cases. Cases reflecting societal inequalities, corruption and injustice are going unreported. While every national newspaper last month carried the prosecution of It girl Tara Palmer-Tomkinson for speeding, cases revealing police corruption, pension fraud and […]

Muck flies in design rights appeal

A dispute over unregistered design rights in the Court of Appeal has broken new ground in intellectual property law. The machine at the centre of the dispute is a slurry separator, designed to displace the dung heap and the muck-spreader from the English rural landscape. In March 1997, Farmers Build, which marketed the separator, claimed […]

Cleaning up on money laundering

John Rhodes, Macfarlanes Brian Spiro, Simons Muirhead & Burton Clare Montgomery QC, 3 Raymond Buildings City lawyers who were caught napping over the latest developments in the battle against international tax evasion, could find themselves inadvertently heading for jail. The UK’s money laundering regulations – and the tough reporting duties they impose on professional advisers […]

Judging a book by its cover

SEAN Brierley (City Lawyer last week) is right to remind us that a colourful new brand is no substitute for a good reputation grounded on giving a great service to existing clients. Any firms that have forgotten this are in real trouble. Similarly, over-obsessiveness about mentions in the legal press is an ailment that affects […]

University challenger

RETIRED North London local government solicitor Lance Haward, 62, knows no fear – not even when confronted by Jeremy Paxman. His replies came so fast during last week’s episode of University Challenge, that a flabbergasted Paxman tripped over his words, spluttering “Blimey!” Haward says the thrill of quiz shows is “gladiatorial” and has already notched […]

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