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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 […]

Recommended

Dechert picks up Shearman’s Brussels head to ramp EU team

Dechert has pounced on Shearman & Sterling’s Brussels managing partner Hans Jürgen Meyer-Lindemann in a boost for its EU competition practice in both Belgium and Germany. Meyer-Lindemann will split his time between Dechert’s Brussels and Frankfurt offices. The news comes just a week after Shearman confirmed it was closing its Düsseldorf and Munich offices following […]

Scotland

Anderson Strathern reappointed as advisor to The Crown Estate

After a competitive tender process, Anderson Strathern has once again been retained to advise the Crown Estate in Scotland. The firm’s chairman Robert Carr will continue to act as solicitor for The Crown Estate – a property portfolio owned by the Crown. It currently includes five rural estates, mineral and salmon fishing rights, approximately half […]

Beijing

Clyde & Co gains approval for Beijing office launch

Clyde & Co has become the lastest firm to have gained regulatory approval for a Beijing opening from China’s Ministry of Justice. The Beijing office will be its third office in Greater China, following Hong Kong and Shanghai which were established in 1981 and 2006 (16 January 2006) respectively. The new office will be led […]

Richard Vary
1

Nokia Global head of litigation: Phone ranger

Leading a tiny team at the raging heart of the great 21st century patent war is… tremendous fun, says Nokia litigation boss Richard Vary When Richard Vary arrived at Nokia in 2006 from Linklaters the company was the world’s largest manufacturer of mobile phones, selling more than 500 million worldwide. Apple, meanwhile, was but a […]

Growing whistleblower activity calls for close employer attention to retaliation issues

The increasing number of whistleblowers and whistleblower retaliation claims and the evolving multi-faceted nature of anti-retaliation law require employers to take enhanced care when contemplating adverse action against an employee who may qualify for whistleblower status. With the Dodd-Frank whistleblower bounty programme maturing, the number of whistleblowers and whistleblower retaliation claims is bound to increase. […]

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