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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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working hours

Employment – Winning the peace

Employment lawyers are shifting their focus to non-contentious areas as the coalition promotes conciliation On 6 April the latest in a raft of recent employment reforms was introduced, compelling prospective claimants to contact the Advisory, Conciliation and Arbitration Service (Acas) before lodging proceedings at the employment tribunal. A month into the regime, which was made […]

Qatar world cup

Qatar 2022 bid committee instruct Schillings over World Cup bribery claims

The Qatari bid committee is understood to have turned to Schillings for advice following allegations of corruption during the World Cup bidding process. The committee have denied claims of bribery linked to the World Cup, after a Sunday Times report claimed that football officials had received up to £3m to tilt the 2022 bid towards Qatar.  […]

Predicting the unpredictable

Mergers are tricky to pull off at the best of times, and sometimes there are random and unforeseen consequences. As our links below show, mergers can lead to some big names changing home, or knotty integration issues. Client scrummage begins as Dundas and CMS merger goes live Berrymans Lace Mawer scraps brand as HBM Sayers […]

Peugeot recall highlights China’s growing focus on consumer safety, says Eversheds

Peter Shervington, product liability expert at Eversheds, has commented on the latest news that Peugeot China has recalled more than 160,000 vehicles. Shervington noted that for car-makers, undertaking a consumer recall is a major step wherever it takes place — the direct costs of contacting vehicle owners, disseminating information through dealer networks and informing regulatory authorities […]

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