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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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Scottish law snubbed by Parliament, say Lib Dems

WESTMINSTER has treated Scottish law with contempt by ignoring its uniqueness, according to the Liberal Democrat Scottish leader Jim Wallace. Speaking at a lawyers’ fringe meeting during the Liberal Democrat conference in Glasgow, Wallace said a new Scottish parliament would end 300 years of neglect of its legal system. Earlier the conference had endorsed joint […]

In brief: Bar equality rethink due to kick off

The Bar Council’s revamped equality code is expected to come into effect this week after being finalised at the weekend council meeting, unless further refinements are to be made. Other major issues to be debated include controversial proposals for deferring call to the Bar until six months’ pupillage are completed. An announcement was expected on […]

Shock to the System

Fiona Woolf, head of the utilities practice at McKenna & Co, plugs into the project’s history Demand for electricity in India far outstrips supply and there is simply not enough cash available in the public sector to invest in the power stations that the country needs. Five years ago the Indian government attempted to encourage […]

Dentons involved in property gaffe

DENTON Hall has emerged with egg on its face after a mistake was made in what is described as the largest ever residential property deal. The error occurred over the sale of the Kensington Estate by the Smith’s Charity to the Wellcome Trust for £280 million. Twenty-six blocks of tenants did not receive the proper […]

Netherlands breaks in-house deadlock

IN-HOUSE lawyers in the Netherlands will be invited to join the local Bar for the first time in the history of the profession after negotiations between the government and the Bar resulted in the drafting of new rules. Bar president Tom de Waard said the compromise had been reached earlier this month after the Bar […]

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