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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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Alan Bates

A matter of fine tuning

While its exact motives are still a mystery, the OFT has shown its flexible side by cutting BA’s fine The OFT’s decision to cut the £121.5m fine agreed in 2007 with British Airways (BA) raises some interesting questions. The fine, cut by more than half to £58.5m, is for BA’s collusion with Virgin Atlantic to […]

Football fun?

The Lawyer deeply fears the Football Association (FA) so will make no attempt at letter replacement when announcing the name of the law firm that advised Roy Hodgson on his England manager appointment, Russell Jones & Walker (RJW). The Sun has defended its front page headline mocking the West Bromwich Albion boss’s speech impediment, despite […]

Blog: Offshore Technology Conference – Day 2

Scale continues to be the theme as we get into the Texan way. Great speech from Matt Fox EVP at Conoco Phillips, where he discussed the scale thatnow exists in unconventional gas and the seismic changes there. Tuesday May 1st, 10:00 GMTBob Ruddiman, Head of Energy and Natural Resources, Pinsent Masons He tossed in some […]

Julian Black

Offshore: Deals Q1 2012

There have been a host of big deals this year, including the largest offering to come from Brazil and an RBS asset sale Cayman Islands Petrobras Pifco bond issue (February 2012) Brazilian oil giant Petrobras and its ­finance subsidiary Pifco issued an ­aggregate of $7bn (£4.36bn) of notes in February 2012, having previously issued bonds […]

Addleshaws joins Links and Slaughters on BA’s first post-Iberia panel

British Airways’ (BA) first panel review since its merger with Spanish counterpart Iberia has been finalised, with Linklaters and Slaughter and May among the seven firms to land roles. Baker & McKenzie, which previously handled BA’s employment work, is understood to have secured a beefed-up role on the panel and is expected to pick up […]

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