Greeks bearing ships sunk by paper-chasing trainee

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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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Accountant invasion looms over Irish firms

The accountants are coming. That is the alarm cry echoing through certain sections of the profession in the Irish Republic right now, at a time when law firms, like the economy, are experiencing an unprecedented boom. The alarm was sparked off by plans to establish an Irish practice that will be closely associated with the […]

Criticism falls on deaf ears

Ninety-five per cent of soldiers in one Irish army barracks are claiming compensation for deafness – and Defence Minister Michael Smith maintains that the country’s legal profession and the judiciary are mainly to blame. Smith argues that the flood of claims, which now stands at 11,500 – more than the total strength of the Irish […]

Concerned clients

BIRMINGHAM firms get a B+ for effort, but a warning that they could do better, in the first of The Lawyer’s exclusive surveys of client response to regional law firms. The fact that 25 per cent of the Midlands businesses questioned went out of the region for all their legal services shows that local law […]

All's fair in love and law

YOUR report, “Law Society staff face huge pay cuts in new regime” (The Lawyer, 8 February), failed to mention the fact that roughly the same number of staff have received salary increases as have had their pay frozen. There is no plan to reduce staff numbers as a result of the new pay system. Our […]

Australia blocks Year 2000 litigation

AUSTRALIA has legislated to protect businesses from year 2000 compliance litigation. It is following the lead set by the US and increases the pressure on the UK government to follow suit. The Australian Bill offers limited protection against civil liability through the use of a specified Year 2000 disclosure statement. UK lawyers specialising in information […]

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