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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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No5’s Michael Duck QC prosecutes in Operation Active drugs conspiracy

No5 Chambers’ Michael Duck QC has prosecuted in a case where two ringleaders of a large-scale drugs operation each gained about £1m from the enterprise. In court, confiscation orders were imposed on the two men following extensive proceeds-of-crime investigations. Duck applied for the second-hand car business to be put in the hands of a receiver to be able […]

Andrew Smith

Andrew Smith

Andrew Smith helps clients to resolve commercial disputes as efficiently as possible, by achieving the best result for the minimum cost, while protecting their reputations. Smith has more than 25 years’ experience working with clients handling contentious situations across a wide range of sectors, including automotive, food and drink, pharma, property development, telecoms and heavy […]

Ian Brownhill advises on multi-million-pound public procurement matter

Fairness and transparency are two of the guiding principles of the public procurement process: it was in that context that No5 Chambers’ commercial clerks were contacted to identify a junior barrister who could (a) advise on procurement matters, (b) advise on public law and regulatory matters and (c) take on board a number of papers […]

Lee Nuttall

Nuttall, Lee

Lee Nuttall helps clients to understand the tax implications of their projects. With no unpleasant surprises, they’re free to focus on what they do best. Where there’s an unnecessary tax cost (now or in the future), Nuttall can give his clients the best advice on re-engineering their project in a commercially sensitive manner. He’s not afraid […]

Stuart Young

Young, Stuart

Stuart Young gets deals done with the minimum of fuss. He is a seasoned M&A lawyer with more than 20 years of transaction experience. He uses that experience to provide commercial and pragmatic advice and to get deals done. Our clients appreciate his commercial approach, which allows them to focus on the most important and […]

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