Holiday pay and overtime — implications of Freightliner decision for pension schemes

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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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Hong Kong

Legacy SJ Berwin HK partner joins Stephenson Harwood

The newly combined Hong Kong office of King & Wood Mallesons and SJ Berwin has seen the first legacy SJ Berwin partner departure, as litigation partner Giovanna Kwong leaves for Stephenson Harwood. Kwong will join Stephenson Harwood as a partner in its litigation team in Hong Kong. She advises financial institutions and pharmaceutical, corporate and […]

No5 Chambers’ Emma Edhem receives recognition from Eduplus in Turkey

No5 Chambers’ Emma Edhem has received an award from Eduplus in Turkey for leadership in her field. The summit was held in Istanbul on 28 November. Previous winners include various high-ranking chief executive officers of major corporations and the head of the Investment Agency for Turkey in the UK. Edhem delivered a speech after receiving […]

National Infrastructure Plan 2013 — energy aspects

On 4 December 2013, the government published the latest version of the National Infrastructure Plan, which was referred to by the chancellor in his Autumn Statement the following day. The plan identifies the government’s top 40 priority investments, which will be given their own dedicated ‘hot desk’ in Infrastructure UK and will be tracked by […]

Herbert Smith

HSF partners vote for modified lockstep in remuneration overhaul

Legacy Herbert Smith partners will abandon the firms rigid eight-year lockstep in favour of a merit-based pay system following the October 2012 merger with legacy Freehills, the firm said this morning. Partners have given the go-ahead to an aligned remuneration system by opting for a hybrid model of the two previous systems run by Freehills and […]

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