Funds’ day out

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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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Interest-ing times at Hammonds

The former Hammonds partners who settled their profits dispute with the firm must be breathing a sigh of relief. The former Hammonds partners who settled their profits dispute with the firm must be breathing a sigh of relief. Hammonds is suing 14 former partners, who, if Hammonds gets its way, are getting poorer by the […]

Land grabs

Compulsory purchase orders are often a necessary evil when it comes to development. By Katherine Evans The existence of compulsory purchase powers, as the recent experience of the London Development Agency (LDA) in assembling the land required for the 2012 Olympic Games has shown, is often a necessary part of any regeneration project. The powers […]

Rees returns to roots for Welsh City launch

Cardiff-based Hugh James is to launch its first office in London, and has recruited Pillsbury Winthrop Shaw Pittman outsourcing partner Phillip Rees to launch the new base. Rees, most recently a partner in the intellectual property team at Pillsbury Winthrop Shaw Pitman, will head the new operation. Before joining Shaw Pitman (just before it merged […]

Davies Lavery in double partner swoop

Insurance specialist Davies Lavery has hired two insurance partners, including Halliwells London head of insurance, reinsurance and professional indemnity John Groome. Groome acts for profes-sional indemnity insurers as well as general insurance companies, Lloyd’s of London syndicates, brokers and underwriting agencies. Also joining Davies Lavery is Browne Jacobson professional indemnity associate Samantha Hanson, who joins […]

Construction plight

Real estate lawyers need to familiarise themselves with updated construction regulations in order to best serve their clients, says Gillian Birkby Whether you act for a landlord or a tenant, all real estate lawyers need to understand the changes to the Construction (Design and Management) (CDM) Regulations 2007 and the impact they will have on […]

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