Italy: new rules on cookies and internet profiling

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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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Northern Ireland: The low tax dream

Northern Ireland’s economy has picked up and work levels with it. Lawyers can almost taste the possibilities from much lower corporation tax In the years immediately preceding the financial crash the Northern Ireland economy routinely tracked above that of the UK as a whole, Scotland and its southern neighbour Eire. But the past few years […]

Khaitan & Co advises Elder Pharmaceuticals on sale of business to Torrent

Khaitan & Co has advised Elder Pharmaceuticals Ltd in relation to the sale of some of Elder’s branded domestic formulations business in India and Nepal to Torrent Pharmaceuticals Ltd by way of a slump sale for a lump sum consideration of $324m (£193m) approximately. Elder Pharmaceuticals is an integrated pharmaceutical player, headquartered in Mumbai, with […]

No5’s Bahia defends in global drugs plot

Barrister Sharon Bahia from No5 Chambers has defended in a case where two members of West Bromwich’s ‘Raiders Crew’ were given jail sentences after a police foiled a plot to smuggle 3.2kg of cocaine from overseas. The two were found guilty of conspiracy to import and supply Class A drugs after a trial earlier this […]

Digital unity will prevent ‘greed of a few’ exploiting online economy, says Eversheds

Liz Fitzsimons, legal director at Eversheds, has commented on the findings that cyber crime costs the global economy $445bn (£265bn) a year. Fitzsimons noted that governments, businesses and many others recognise the potential power of the online global economy to improve communication and understanding as well as to create opportunity, employment and wealth. She said: ‘Cyber […]

Eversheds says Spanish property market offers Merlin cyclical magic

Bruce Dear, head of London real estate at Eversheds, has commented on what could potentially be Europe’s largest property initial public offering (IPO).  Dear said: ‘The Spanish market is where the UK was 18 months ago, albeit they have better footballers. Investors suspect the country’s economic pain has peaked and is ready to generate gains. […]

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