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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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Project financing

Wilde Sapte acted for BZW and Barclays Mercantile Business Finance in project financing for an oil-fired 140 megawatt power station in Cornwall, which is being developed by Indian Queens Power, a subsidiary of Destec Energy.

Council's ABA task

John Malpas reports A drive to hammer home to American lawyers the difference between barristers and solicitors formed the centrepiece of the Bar Council’s mission to the premier legal conference in the US. Bar Council chair David Penry-Davey QC led the Bar’s delegation to last week’s American Bar Association conference in Orlando. He was joined […]

Win a photocopier

The Lawyer, in association with Canon, is offering the chance to win a Canon FC230 Personal Copier. The portable photocopier costs £595, plus VAT, and is designed for home use. It measures 359x397x104mm, weighs 8.4 kg, and prints at four pages a minute. The device can copy on A4 and A5 paper, tracing paper, labels […]

Curtains for combative divorcees

Lord Woolf has criticised lawyers from both sides of a divorce proceedings for becoming so combative that the husband’s side tried to get the wife committed to prison for not giving back his curtains. The Court of Appeal heard how the former husband’s solicitor, Portsmouth sole-practitioner Gregory Challenor, had alleged a court order for the […]

Contamination Act puts pressure on councils

COUNCIL lawyers are being urged to act quickly to prepare a comprehensive register of contaminated sites within their boundaries to avoid the threat of judicial reviews. According to Berrymans’ planning specialist, Steven Francis, the government’s planned new contaminated land regime will impose a great burden on local authorities. The Department of the Environment has issued […]

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