Isle of Man venture

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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 […]

Recommended

Justice without the veil of secrecy

Last week’s decision by Home Secretary Jack Straw that those entering the criminal justice system would have to disclose their membership of the freemasons in the future has caused the usual furore. It was hardly surprising that such a decision provoked outrage from many quarters of the legal profession. Judges in particular are incensed by […]

Bar Council warns of exodus over tax reforms

Government plans to change the way barristers pay tax will force many to quit the Bar and should be abandoned, according to the Bar Council’s response to the proposals. Dawn Primarolo, Financial Secretary to the Treasury, announced on 22 December last year that all professionals would pay tax on an earnings rather than a cash-received […]

Litigation Personal Injury 24/2/98

Decisions are taken from Lawtel’s Case Law database. LTL: Lawtel report; TLR: Times Law Reports; ILR: Independent Law Report Barnes v Ministry of Defence QBD 8 December 1997 Claimant: Simon Barnes, 34 years Incident: Accident while serving member of armed forces Injuries: Claimant, a former Territorial Army paratrooper left wheelchair-bound after an assault course accident […]

Correction

In last week’s litigator’s view, we incorrectly stated that Judge Alton held Birmingham District Council liable following a swimming pool accident. In fact, the council involved was Wyre Forest District Council. Sarah Paneth has asked us to put the record straight and we are happy to do so. We apologise to Sarah Paneth and Birmingham […]

Tenancy rights for gay men

The Law Lords are being asked to hear an appeal centring on the tenancy succession rights of homosexuals. Last July the Court of Appeal upheld a 1996 Central London County Court ruling that Martin Fitzpatrick, who had lived in stable relationship with named tenant of flat in London W6 for nearly 20 years, was not […]

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