New developments in the Czech competition authority’s decision-making practice: whistleblowers and appointed guardians

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An innovative solution for start-ups – Poland

By Agnieszka Stawiarska, Paula Weronika Kapica Simple joint-stock company From 1 March 2020, there will be a new type of capital company in Poland: a simple joint-stock company (“SJC“). The SJC is said to be a combination of capital companies (i.e. limited liability company and joint-stock company) in the form of an advanced mechanism of capital raising, […]

Private companies must now declare their beneficial owners – Romania

By Madalina Neagu, Cristina Enaga Failure to comply with the recently introduced obligation to declare beneficial owners for registration purposes with the Central Register of Beneficial Owners of Private Companies can mean fines of up to RON 10,000. Read on to find out how companies regulated by Law 31/1990 can implement the obligations introduced as of […]

By cash or card? Bank card acceptance in the Hungarian market

By Anna Turi, Mark Kovacs When buying goods and services, consumers are often asked whether they want to pay by cash or card. Bank cards are now a part of everyday life; according to a recent sector inquiry by the Hungarian Competition Authority (HCA), the number of Hungarian merchants which accept them increased by approximately […]

Spotlight on automotive industry: Introduction to the series and financing

By Miriam Simsa, Soňa Hekelová By outsourcing production of major parts of car components, carmakers have also outsourced a substantial amount of their financing needs and associated risks to their suppliers. Still, despite rather slim margins, the prospect of a fairly stable cash flow over a number of years has made the automotive supplier business […]

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The Digital Business Report

With the UK renowned as a global technology leader, we are led to believe that organisations across Britain are digitally advanced. Innovations like artificial intelligence, machine learning and automation are evidently making an impact but the reality is that many businesses are unable to grasp the basics of digital tools like the Cloud. Some aren’t […]

Multi-disciplined law firm looks to Laserform to replace its existing forms package

Taylor Rose switched to Laserform from Advanced after experiencing difficulties with their existing supplier. The firm needed a system which could easily be adapted to meet the needs of some of their more complex cases without incurring heavy costs. Business Challenge Taylor Rose was originally using another forms package, but staff grew increasingly frustrated with […]

A step towards compulsory alternative dispute resolution?

By Lucy Shepherd and Chris Burchill The Court of Appeal has held that the courts have powers to make parties subject to a form of alternative dispute resolution (ADR) without their consent. Background ADR essentially refers to all methods of resolving disputes other than by court proceedings. The case of Lomax v Lomax concerned Early Neutral Evaluation (ENE), […]

Busy lenders’ monthly round-up – September 2019

By Deborah Sheldon Each month we summarise the latest news and developments in retail mortgage lending and regulation. This month in summary:  News AirBnB fines for letting without consent Consultation on ending no fault evictions Revaluation deferral causes steep rise in business rates arrears Blurred lines: when employees’ social media posts are your concern Lending […]

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After Burford, litigation funders need a healthy dose of transparency

Litigation funders live and breathe disputes, but this was not the sort of dispute Burford Capital was used to. On August 8, Burford’s share price plunged 66 per cent after a ferocious attack from San Francisco-based hedge fund Muddy Waters, whose founder Carson Black questioned the accuracy of the funders accounting practices. Black described the […]

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Thinking beyond ‘going digital’

‘Going digital’ is a phrase buzzing around even the most technology-averse boardrooms. Businesses, including law firms, are recognising the threat presented by falling behind in an increasingly digital world, and they are mobilising accordingly. That is promising, but also missing the larger issue. Going digital in the legal industry means much more. Too many lawyers […]

Dentons dubs Warsaw partner its ‘chief mindfulness officer’

Dentons has appointed a ‘chief mindfulness officer’ for Europe in an attempt to develop its lawyers’ emotional intelligence. Warsaw-based partner Karina Furga-Dabrowska has been handed the role as an acknowledgement of her role in the launch of NextMind, Dentons’ wellbeing programme. Furga-Dabrowska has been with the firm since 2006 and is co-head of its tax advisory […]

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A&O, Linklaters and Weil in line for £12m payout on Cobham’s sale to US PE group

Allen & Overy, Linklaters and Weil Gotshal & Manges are set to scoop nearly £12m for their work on the £4bn takeover of Cobham, one of Britain’s biggest defence and aerospace companies, if the controversial deal goes ahead. US private equity company Advent International offered to buy Cobham, known for its air-to-air refueling technology, at the end […]

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