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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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New technologies for business

Mishcon picks five startups in second round for tech incubator

Mishcon de Reya has selected five new startups for its tech incubator programme MDR LAB, launching its second round today. The firm has opted to provide legal advice, mentorship and education to two companies based in the UK, two in the US and one in Israel. The companies are real estate startup ThirdFort, collaboration tool […]

BT panel firms to gain another year as review stalls

BT has put its global legal panel on hold yet again, in a move that looks likely to put it over a year behind schedule, The Lawyer has learned. A major reason behind the decision to delay was the appointment of new general counsel Sabine Chalmers, who came in to lead the FTSE 100 company’s […]

hellas telecoms

Norton Rose client Hellas withdraws claim after just five days in court

Norton Rose Fulbright client Hellas Telecommunications has withdrawn its claim against a raft of companies just four days into a five-week trial, The Lawyer has learned. The Greek company  had filed a claim – which was one of The Lawyer’s Top 20 Cases of 2018 – against 47 separate defendants who were represented by Clifford Chance, Latham […]

Ashurst

Ashurst carries out secretarial review with 80 jobs at risk

Ashurst is carrying out a review of its business services function, scrapping the position of executive assistants to bring in a new business services role of “practice executive”. This move puts 80 secretarial roles in London at risk. There will be 35 practice executives and four team leaders in London, covering a broader line of […]

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