Flotations

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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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Dublin cheats raise hackles of students

LAW students at King’s Inns in Dublin have protested over what they feel is the too lenient treatment accorded five future barristers caught cheating in their Bar exams. A lengthy investigation into the cheating – discovered as a result of a major increase in exam security – was conducted by a team of senior judges […]

Quill makes mark in the North West

Helen Sage reports Quill Computer Systems, which supplies legal technology, has come 44th in a league table of the top performing private limited companies based in the North West. The research was conducted by Newsco Publications on behalf of Entrepreneur magazine. The criteria used in compiling the table was based on figures from audited accounts. […]

Union activity on the rise

TRADE unions are taking a more “sophisticated” approach to industrial action, turning away from all-out strikes and opting for discontinuous action, a new report says. Produced by Dibb Lupton Broomhead, the annual industrial relations survey shows employees are now seeking alternative methods of action to resolve industrial disputes including one-day stoppages and overtime bans. The […]

Circuit judge defends his honour after fraud arrest

CIRCUIT judge Richard Gee has released a press statement saying that he is confident he will emerge from mortgage fraud inquiries with his reputation “intact”. Gee, who was arrested last week and questioned at Belgravia police station, is alleged to have been involved in fraud occurring between 1980 and 1989. His arrest was confirmed in […]

Firm rises to grid challenge

Herbert Smith’s massive task of floating the National Grid reached its conclusion when trading in the privatised utility started on 11 December. The flotation involved at least 35 lawyers, including a dozen partners, in a deal valued at more than £5 billion. Together with related demergers by the regional electricity companies (RECs), it was one […]

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