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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

M&S Financial Services plans to take debt recovery in-house

Marks & Spencer Financial Services is conducting a massive overhaul of its legal department in an attempt to retain more work in-house. The department currently houses teams focusing on just litigation and compliance. However, Peter Green, solicitor and company secretary at M&S Financial Services, says the department is setting up a new debt recovery capability. […]

An opinion from the regional bar

The Bar in Leeds and Newcastle has expanded and changed considerably in the last decade. In recent years, the establishment of a Mercantile Court in the two cities has reflected the fact that there is more commercial work being dealt with locally and more often than not by local counsel. For many years, both cities […]

Share Placing

Paisner & Co represented Granville Markets, sponsor and stockbroker to CFS Group, in connection with a placing and open offer of new ordinary shares to raise £10m. Paisners finance partner David Collins acted on the deal. Bird & Bird advised CFS Group.

Kingsford Stacey beat City firms in Hertfordshire County Council deal

City firm Kingsford Stacey Blackwell has won one of its biggest ever property contracts – a disposal for Hertfordshire County Council of properties worth £27 million. The firm won the work against competition from larger firms, two of whom were City based and one which was national. The council refuses to name the competition. Kingsfords, […]

Masons forms alliance with Singapore practice

Masons is boosting its Asian presence by aligning itself to a Singapore firm. The construction specialist has entered into a formal agreement with 16-partner commercial practice Cooma Lau & Loh. The firms have already worked together on a range of construction projects in the area. A group of partners from both firms have been working […]

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