In brief: Lewis Silkin in OSS investigation over Diana story

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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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North East can weather the storm

Every economic forecast reaches the same painful conclusion. There is an economic “slowdown”. The UK might even be heading for recession. So what. The North East has been in recession for so long it has become a way of life. The region consists of a handful of conurbations bounded on three sides by the Scottish […]

In brief: Taylor Vinters names new managing director

East Anglian firm Taylor Vinters appointed Christine Berry as managing partner last week. She said it was a “prime time to take up the reins” at the 22-partner firm, which has strengthened its intellectual property, commercial litigation and company commercial work in the past year.

Dundas & Wilson poaches rival firms' leading partners

Dundas & Wilson’s biggest hiring exercise since its tie-up with Arthur Andersen last year has netted it two leading partners from rival firms. Commercial property partner Iain Doran joins Dundas’ Glasgow office from Miller Samuel, while licensing partner John Loudon has taken his team of three assistants from MacRoberts to its Edinburgh office. The pair […]

Anticipated CLS proposals receive muted response

Lord Irvine’s long-awaited proposals for a Community Legal Service (CLS) have won only cautious approval from advice groups, who say they lack detail and any concrete funding commitment. The proposals, outlined in The Lawyer last week, are for a network of legal services that will operate under a standard “kite mark” and be supported by […]

Financings

John Shelton of Norton Rose advised Stena and Ugland Nordic Shipping on obtaining a $150m loan arranged by Chase Manhattan Bank

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