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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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Washington firm poaches partners for new LA office

US firm Akin Gump Strauss Hauer & Feld has raided the Los Angeles offices of two national US firms in order to open up its own office in the city. The new Akin Gump office is the Washington firm’s second new venture this year following its opening of an office in London in May. It […]

Deloittes in Paris merger

Deloitte & Touche Juridique et Fiscal, the Paris legal arm of the Big Six accountancy firm, is to merge with French law firm Thomas & Associes in a move that will create the fourth largest law firm in France. The new firm, which will begin operating on 1 September, will bring together 200 lawyers, including […]

US lawyers turned on to Internet

Elizabeth Davidson reports The ABA uncovers cautious optimism about the potential of the Net TOP US lawyers have “embraced” technology and IT systems, according to new research. A survey carried out this year by the American Bar Association (ABA) on the state of technology among the 500 largest private law firms in the US showed […]

Do Law Society elections have a future?

Every year solicitors vote for a Law Society president, yet the position carries little power. Andrew Lockley examines the alternatives to this expensive constitutional peculiarity While national politicians held their first election for five years, the Law Society has had its third in three years. Why is the presidency of the Law Society worth fighting […]

North East practice ploughs £600k into IT

Elizabeth Davidson reports EVERY fee-earner at North East firm Jacksons is to have personal access to e-mail from September as part of an IT overhaul which has cost £600,000 to date. The 20-partner commercial law firm is due to move from its Middlesbrough base to larger, more modern offices shortly before Christmas, and is undergoing […]

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