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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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Pick a picket or two

As public sector workers across the country strike en masse in numbers not seen since 1979, spare a thought for partners at Linklaters. As the magic circle firm’s LLP accounts show, the firm’s top-earning partner pocketed the same amount in 2010-11 as he or she did in 2009-10 and 12 per cent less than the […]

New Russian front

The merger between Magisters and Russia’s Egorov Puginsky is a sign of the growing interest being shown in Ukraine by its powerful neighbour, says Dale McEwan Ukraine’s legal market has seen a relatively small amount of movement in the past year in comparison with other jurisdictions. The most significant transition was the announcement that the […]

Workplace & Diversity Awards showcases innovation in HR

The Lawyer Workplace & Diversity Awards ­(formerly The Lawyer HR Awards) reflect the fact that talent issues have become integral to strategic ­thinking at the highest level of law firm management. As the change of name implies, this year we have broadened the awards to take account of all ­constituencies involved in employee engagement. The ­ceremony will take place on 7 February 2012 […]

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CMS Cameron McKenna sees steady half-year growth

CMS Cameron McKenna has posted a half-year revenue of £106m – 5 per cent up on the same period in the 2010-11 financial year. At the half year point in 2009-10, turnover was also up five per cent on the previous financial year, at about £100m (7 December 2010). At the close of the 2010-11 […]

Government infrastructure plan could provide boost for regional firms

The Government’s National Infrastructure Plan (NIP) could be a boon for smaller regional firms, though concerns remain among lawyers whether the plan will follow reality. The NIP was published as part of the Government’s Autumn Statement and sets out the “broad vision of the infrastructure investment required to underpin the UK’s growth”. On 29 November, […]

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