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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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Allen & Overy conducts fraud probe for TI Group

Allen & Overy is investigating allegations of fraud involving its corporate client, engineering and aerospace company TI Group. The claims arose in the US and appear to be backed by the US Government. Litigation partner Tim House and two assistants from the firm are being instructed by TI Group legal director Stephen Clarke to look […]

In brief: Survey investigates solicitors' attitudes

Training and career consultants Lawyers in Mind is putting together a major survey on the attitudes of solicitors in private practice. It will ask lawyers about their feelings about their work, towards clients and what affects their morale and motivation. Anyone wishing to complete the survey can contact Stella Abrahams on 0171 583 0283.

Butner wins Harpers libel action

TOP divorce lawyer Paul Butner and society magazine Harpers and Queen have settled a libel action over an article which said he had been dropped as Princess Diana’s legal adviser on matrimonial affairs because he “lacked the necessary competence and skills”. In the High Court last week, Mr Justice Drake was told that Butner, partner […]

WHAT THE COURTS DO

Shipping disputes concerning charter-parties and bills of lading are the main types of work of the court but it also deals with disputes in insurance and reinsurance, banking and international sales of goods. More general commercial disputes such as agency and distributorship contracts and joint trading ventures also fall within the Court’s ambit as does […]

Couderts picks up ex-Lovells lawyer

Coudert Brothers has hired an ex-Lovell White Durrant partner to head its funds practice. Alasdair Gordon has not got partnership status at the firm but, says Steven Beharrell, head of the London practice, he will be considered for partnership at a later date. A Lovells spokeswoman says Gordon left the firm in December “by mutual […]

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