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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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Associates' bonus

US firm Rogers & Wells is to give its first year associates a special $10,000 bonus, the firm announced at its recent associates meeting. The bonus will supplement the firm’s existing pay package which comprises a base salary plus a merit bonus. The firm is also increasing the base salary of first year associates at […]

A conditional fees fan…

As an occasional and generally regretful user of the legal system, I am an enthusiastic supporter of conditional fees. I believe that these will concentrate lawyers’ minds on the target rather than the route, lead to much earlier disclosure and contact between the parties’ advisers, and encourage negotiated settlements where all advisers’ fees would be […]

In brief: LAG wins fee waiver extensions

The Lord Chancellor’s Department is extending waivers on civil court fees to those on benefits other than income support on 1 December, following a campaign by the Legal Action Group.

Auditing the experts

Chris Mallon looks at past insolvency cases and suggests what not to look for when you are hiring an expert witness. Chris Mallon is head of insolvency at Biddle. Since 1981, and particularly during the last 10 years, we have seen the appearance of the expert witness in almost every type of case, not always […]

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Defending the expert witness

The Expert Witness Institute was set up to make sure experts get the recognition they deserve, says Sir Michael Davies. Sir Michael Davies is founding chairman of the Expert Witness Institute. One year ago the Expert Witness Institute (EWI) was set up. It is sometimes asserted that there should be only one body available for […]

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