In brief: Norton Rose

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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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Essential advocacy for the City litigator

It was recently reported in The Lawyer (26 April) that the commercial bar is in a state of crisis as its work is drying up. That is, of course, partly due to streamlining effected by the civil procedure reforms, but also partly a consequence of solicitors realising they are as capable as barristers of performing […]

Trainee dies in horse race imitation

A TRAINEE barrister has died in a railway accident after imitating the Grand National during post-party revelries. Ben Showell, 23, who was doing his pupillage at St Philip’s chambers in Birmingham, had been participating in a stunt by vaulting fences with the aid of a ladder. It followed a party in Brixton, London, on 10 […]

Tax reforms spell chill wind for transatlantic business

Tax proposals being introduced by the Clinton administration are putting transatlantic transactions on hold and having a “chilling effect” on business, according to a tax lawyer. The US Treasury wants to save more than £4bn over five years by imposing a 25 per cent excise tax on corporate tax shelters used by investment banks and […]

Council flexes its purchasing power

A High Court decision giving the green light for Kingston Upon Thames Borough Council to compulsorily purchase a property which it claimed had been neglected by its owner adds a new dimension to the compulsory purchase powers of local authorities. The decision has raised the question of just how far councils can go in imposing […]

Digests

Robin Fulton, formerly a private client partner with Shepherd & Wedderburn WS, has joined Turcan Connell in Edinburgh. Silverbeck Rymer has announced the promotion of three lawyers to partners. The new partners are John Mooney, head of the firm’s claimant motor department, Andrea Lally, head of the defendant department, and Joseph Skinner, head of the […]

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