In brief: Stephenson Harwood

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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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PI firms face u10,000 hike in SIF contributions

Personal injury lawyers face paying 60 per cent more on their Solicitors Indemnity Fund (SIF) contributions from September. The rise – estimated at u10,000 per PI firm per year – follows a change in the way their risk assessments are calculated by SIF. The previous risk calculations were based on historical information, explains a SIF […]

Scuffle of the week

The Lord Chief Justice and Mr Justice Potts have clashed over the case of the UK’s only convicted Nazi war criminal. The two judges have given conflicting advice to Home Secretary Jack Straw about the future of Anthony Sawoniuk, who was given two life sentences in April after being convicted of murdering Jews in Nazi-occupied […]

Bright lights, big City

Last week The Lawyer revealed that South East firm Thomas Eggar Church Adams was considering axing its training scheme. The firm had been investing thousands of pounds in training its future lawyers only to have them lured away by the bright lights and the big pay packets of the City. Training is an expensive business. […]

Pannones adds to family with Wacks Caller partner

Leading Manchester firm Pannone & Partners has bolstered its family department by luring top family practitioner Liz Cowell from Wacks Caller, also in the city. Pannones now boasts three of Manchester’s top family lawyers and ranks as one of the largest family units in the country dealing exclusively in private family law. Department head Catherine […]

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