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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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Raft of firms kick off Cambridge Analytica and Facebook class action

One of the year’s biggest class action lawsuits looks set to begin as four firms have launched a case against Facebook and Cambridge Analytica, which could result in damages of more than $70bn. London-based McCue & Partners, Washington DC firm Fields Law, technology and competition firm RuyakCherian, and Delaware-based Cross & Simon have a launched […]

Nuclear power station

Four firms gain spots on Nuclear Decommissioning Authority panel

The Nuclear Decommissioning Authority (NDA) has appointed Eversheds Sutherland, Linklaters, Pinsent Masons, and Gowling WLG to its reviewed legal panel, The Lawyer can reveal. All of the firms on the present lineup have advised the NDA on previous panels according to data from The Lawyer, except Gowling WLG, which is a new addition. The only firm […]

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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