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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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Government publishes response to the Company and Business Names Consultation

Earlier this year, the government launched a consultation seeking views on the future of the company and business name regulations. Its aim was to identify opportunities to improve and simplify the current system. Now, the government has published its response to that consultation. The overall aim of the business name regulations is to ensure that […]

Scotland
1

Kennedys and Simpson & Marwick call off merger

Kennedys and Scottish firm Simpson & Marwick have called off their planned merger, citing “complex reasons”. The firms issued a joint statement today (11 December), six weeks after postponing the original merger date of 1 November (25 October 2013). In the statement, the firms said: “Both firms and their partners hold each other in the […]

Manchester
2

Pannone puts more than 100 at risk of redundancy

Pannone has put more than 100 people on notice of redundancy since the firm agreed to press ahead with a tie-up with Australian-listed Slater & Gordon.  While Pannone refused to confirm the figures, insiders indicated that a consultation involving over 100 staff is underway with a completion deadline of the 31 January. Slater & Gordon […]

Index
1

Ukraine: Look both ways

Legal work is on hold as the country fights it out over whether its future lies with Russia or the EU The sight of a mass demonstration against the government is nothing new in Ukraine. In 2004 the so-called Orange Revolution was sparked by allegations of vote-rigging by the winner of the presidential election, Viktor […]

Dundas
2

What next for Dundas and CMS?

CMS Cameron McKenna and Dundas & Wilson partners have said yes to a £277m-tie-up that will go live in May 2014. Here Kate Beioley looks at what the future holds for the combined entity. Christmas can be a lonely time and finding the perfect partner to settle down to long winter evenings with is no […]

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