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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

Browne-Wilkinson defends death row appeal remarks

Lord Browne-Wilkinson’s controversial call to scrap Caribbean appeals to the Privy Council has provoked a furious debate among appeal lawyers. Browne-Wilkinson made his comments in The Lawyer two weeks ago (17 May). He reiterates them in a letter on page 17. His latest defence of his position comes as the Privy Council rejected last week […]

In brief: Michael Scanlan

Michael Scanlan, senior partner at Glasgow family law specialist Russells Gibson McCaffrey, has taken over as president of the Law Society of Scotland. He replaces Philip Dry, whose parting shot involved presenting the new Scottish parliament with a “manifesto for change”, suggesting reforms for all areas of Scottish law.

Case of the week

A 19-stone salesman who sat on a sofa has delivered a cautionary tale for insurers with shaky furniture. Maurice Leahy was visiting the Croydon offices of Direct Line Insurance when the receptionist invited him to sit on a sofa while he waited, which collapsed beneath his weight, injuring his back. Leahy has now received u80,000 […]

Land case to cut public access

Judgment is pending in the House of Lords in a case which could have major impact on public access to privately-owned but open areas of land. The battle is over a plot of land at the Oxfordshire village of Sunningwell which was donated to the Church of England many years ago. Planning consent has been […]

Accountancy

In a world of increasing consolidation, where the accounting “big five” hold sway, the insolvency field provides some welcome relief. The usual giants – PricewaterhouseCoopers, KPMG, Ernst & Young and Deloitte & Touche – have strong insolvency and restructuring teams. But they are being increasingly challenged by firms outside the big five – most notably […]

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