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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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TLT advises in Supreme Court success for Iceland

TLT has helped to secure a landmark victory for the leading frozen food specialist, Iceland, reducing its liability for rates paid on its premises. The case comes as retailers face rapidly increasing business rates, and could have far-reaching implications for businesses in the retail and other sectors. The Supreme Court – the highest appellate court […]

Schoenherr promotes criminal law and litigation expert Klara Kiehl to counsel

Klara Kiehl (32), a criminal law and litigation expert at Schoenherr, has been promoted to counsel as of February 2018. Klara has distinguished herself over the years by providing legal advice during criminal investigations and on compliance management. She also works regularly as a litigator for domestic and international clients before civil and criminal courts. […]

James Knight, Keystone Law

Keystone turnover jumps 24 per cent in first post-IPO results

Keystone Law has revealed its first set of financial results since its IPO, posting a 24 per cent uplift in revenue to £31.6m for the 2017 financial year. The increase from £25.6m marks yet another year of double-digit growth for the firm, which has seen its turnover nearly triple since 2012/13 when it reported gains […]

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