In brief: Group aims to cut waste in justice system

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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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Linklaters gets Woolwich deal

Linklaters & Paines is advising the Woolwich Building Society on its plans for conversion to plc status and London Stock Exchange listing. Woolwich is the UK’s third-biggest building society with assets of about £28 billion, 12 operating subsidiaries, over three million investors and more than 550,000 borrowers. Heading Linklaters’ team are partners Jeremy Skinner and […]

New look for Temple buildings

THE MIDDLE Temple has embarked on a £1.5 million scheme to make one of its oldest buildings structurally safe. The project to refurbish 1-4 Middle Temple Lane has forced several chambers to find temporary homes while the work takes place. The oldest parts of the Grade I listed building, which faces onto Fleet Street, date […]

Trader's fury at drug and gang war claims

One of the most unusual libel actions for some time is heading for the High Court with lawyers for the plaintiffs saying it could be heard later this year. The action, launched by market and retail company Solitaire (Liverpool), of London W2, against Delyn Borough Council, based in Flint, Clwyd, is over an anonymous letter […]

Law Soc campaign aims to counter anti-lawyer stories

A CAMPAIGN has been launched by the Law Society to win back the hearts and minds of the public by promoting the value of solicitors and attacking the Government’s legal aid and divorce reform plans. “A local service as vital as your GP” is the sub-heading of one of two leaflets tackling legal aid and […]

Canadian firm powers to success in Hungary

CANADIAN firm Stikeman Elliott has successfully completed a US$1.3 billion Hungarian electricity privatisation operation. The practice, which opened an office in Budapest in 1993, believes the privatisation is one of the largest yet to take place in Central and Eastern Europe. Under the privatisation scheme, the Hungarian Privatisation and State Holding Company sold off a […]

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