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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

Men’s best friend

Congratulations to BPP Law School chief executive Peter Crisp, who married his partner of 20 years, Jeremy Crouch, at Camden Town Hall in August in a civil partnership ceremony. Crouch, a tax accountant, romantically informed Crisp that “there are very sound tax reasons for doing it”. But what’s this? Apparently the couple are already expecting […]

French duo opens doors on TMT boutique

A pair of French lawyers has launched a new technology, media and telecommunications boutique. Olivier de Baecque, formerly a lawyer at Salans and Veil Jourde, and film and television specialist Sophie Borowsky launched Borowsky & De Baecque last month (October). Borowsky described her expertise as complementary to de Baecque’s focus on advising fashion designers, artists, […]

DLA Piper joins PwC to aid disadvantaged school kids in New York

DLA Piper joins PwC to aid disadvantaged school kids in New York” />DLA Piper’s New York office has launched a pro bono project in the city, working with other activist legal groups for a government organisation to help improve facilities and access for the city’s pre-school and primary students from low-income areas. DLA Piper has […]

Brothers set to head rival US firms

Alston & Bird has announced its new managing partner more than a year in advance of his appointment. Richard Hays, brother of Robert Hays, the chairman of rival Atlanta-based firm King & Spalding, will succeed incumbent Ben Johnson when Johnson steps down in 2008. Johnson, 63, is obliged to retire by firm policy, which dictates […]

Half-year results point to record year for UK firms

UK firms are reporting record figures at the half-year point, with double-digit rises in revenue predicted for the end of the financial year. Freshfields Bruckhaus Deringer and Ashurst lead the way, with revenue rising by nearly 25 per cent at Freshfields, from £380m during the same period last year to around £470m during the first […]

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