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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 […]

Recommended

Mishcons to introduce ‘cradle-to-grave’ bonus

Mishcon de Reya is set to introduce what managing partner Kevin Gold has described as a “cradle-to-grave bonus system” at the beginning of its next financial year, in April 2007. The new bonus will be backdated to the beginning of the 2006-07 financial year. The firm’s staff consultation committee (SCC), which is made up of […]

In full boom

The buoyant M&A market helped corporate practices enjoy a bumper year, with the magic circle once again rising to the top Thanks to the M&A boom, the UK’s 20 top-grossing corporate practices basked in the heat of a bull market during the last financial year. Indeed, as M&A fever swept across the City, some of […]

Sparks fly in DLA Piper-BLG Dixons battle

A tug of war for electrical retailer client Dixons looks likely to break out between the rival IT outsourcing teams of DLA Piper Rudnick Gray Cary and Barlow Lyde & Gilbert (BLG). The war has been fuelled by the bad blood generated by Kit Burden’s departure from BLG for DLA Piper in August last year. […]

Unclear power

The future of nuclear power in the UK is a contentious issue and the recent Energy Review has done little to clarify things for lawyers, says Paul Ryan Over the past two years or so there has been a lot of talk about whether, and how, the UK would embark on a new round of […]

Online gaming companies have winning argument

It appears that the online gaming industry cannot stay away from the headlines. The feeding frenzy following BetonSports chief executive David Carruthers’ arrest was not dissimilar to the fascination prompted by the largest of the online gaming floats last year. There are those who suggest that this arrest spells the demise of the industry. This […]

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