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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 […]

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 […]

Insurance & Reinsurance 2018: issues facing lawyers and clients today

Have there been any major changes or developments in your jurisdiction over the past 12–18 months? How have these impacted your practice? In August 2016, the Bermuda Monetary Authority (BMA) issued the Insurance Manager Code of Conduct requiring insurance managers to follow a set of procedures when carrying out their functions. In September 2017, the […]

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Freshfields property ace set to quit profession

Freshfields Bruckhaus Deringer’s highly-rated property partner James George is to leave the firm after 14 years in pursuit of a career change George, best known for his work with Land Securities Trillium, decided after a sabbatical during the summer to reassess his future. George told The Lawyer: “Before I became a lawyer, I was a […]

Holman forces Yemen government to back down over pollution claim

A campaign of political, diplomatic and legal pressure instigated by shipping specialists Holman Fenwick & Willan has resulted in the Yemen government backing down over its $18.5m (£11.8m) claim against the owners of the Belgium ship attacked off Yemen by terrorists in October The dispute arose over the Yemen Minister of Shipping’s decision to seek […]

Real estate and projects deals round-up

Freshfields Bruckhaus Deringer (David Lewis) advised Scottish Widows on the £77.7m sale of Cannock Shopping Centre in Staffordshire, Green Lanes Shopping Centre in Barnstaple and Eastgate Shopping Centre in Gloucester. Eversheds (Richard Stephens) acted for the puchaser Dunwilco (951), a joint venture between HBOS, Merrill Lynch and Catalyst Capital. Lawrence Graham (Andrew Wade) advised the […]

Power to the public

The Aarhus Convention aims to remove barriers to the public’s participation in key environmental matters. Kathy Mylrea finds out whether it’s all it’s cracked up to be The first meeting of the parties to the Aarhus Convention took place on 21-23 October in Lucca, Italy. Attendance at the first meeting was good (Michael Meacher went […]

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