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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

Vos J threatens phone-hacking firms with group litigation order as costs spiral

High Court judge Mr Justice Vos has ordered firms involved in the wave of phone-hacking cases to find a more efficient method of working or risk their clients being forced into a group litigation order [GLO] represented by a single firm. The move comes in response to claims that costs in cases that have so […]

In ’Artford ’Ereford and ’Erbert Smith, ’urricanes ’ardly hever ’appen

Yap rap

How’s this for a generalisation – clients have certain expectations of their lawyers and tend to distrust those who don’t fit the mould. One lawyer once remarked to Tulkinghorn that his clients didn’t appear to take any of his advice seriously unless he was wearing a tie while giving it. So Tulkinghorn was not entirely […]

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News International replaces Olswang with Linklaters on all phone-hacking claims

Linklaters has replaced Olswang as instructed advisers to News International on all outstanding phone-hacking claims. It is not clear when the official switch came as Linklaters drove settlement talks with phone-hacking victims earlier this year. Those talks, led by partner Christa Band and 11 South Square’s Michael Silverleaf QC, were held at Olswang’s London office […]

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Grim cases take a toll on lawyers

Hearing and seeing evidence of abuse can affect professionals, who need training to cope The evidence of the torture and murder of 15-year-old Kirsty Bamu in the recent witchcraft trial at the Old Bailey dramatically highlights the issue of secondary traumatic stress. This is a condition that affects professionals exposed either to clients who suffer […]

Moves: 19 March 2012

Simmons & Simmons has hired a real estate partner from Berwin Leighton Paisner (BLP), its seventh partner hire from BLP in less than a year. Move of the week Real estate partner John Kelsey, who is also joint head of BLP’s hotels group and part of the restructuring and insolvency team, is set to join […]

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