Secret commissions and proprietary claims — where are we now?

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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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Norton Rose Fulbright moved into a cash-positive position in the 2013/14 financial year, with an increase in cash and reduction in borrowings leaving the firm in the black. The firm’s LLP accounts show that cash flow grew 18.4 per cent from £47.8m to £56.6m in 2013/14. That was offset by a 6.2 per cent reduction […]

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Freshfields and HSF among raft of firms advising on Hutchison Whampoa’s £10.25bn O2 buy

Baker & McKenzie, Freshfields Bruckhaus Deringer, Herbert Smith Freehills and Linklaters are among the firms to win roles on Hong Kong giant Hutchison Whampoa’s proposed acquisition of O2. Herbert Smith Freehills is understood to have scooped the key role acting for O2. Meanwhile, it is thought that Linklaters is playing a key role for Hutchison […]

Eversheds comments on concerns over driverless cars

Commenting on news that driverless cars are to be officially trialled on UK roads Simon Jones, a senior technology law partner at Eversheds, says: “Amazing as the development of autonomous vehicles may be, there are concerns over the safety of all driverless systems. “We all know that most software contains bugs – this is one thing […]

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Clydes partner Jamieson speaks out about Companies House typo trial

The recent success of a bankrupt company that successfully claimed a typo in a Companies House filing could lead to copycat claims, it has emerged. Last month the High Court found in favour of Clyde & Co client Philip Sebry, managing director of now defunct Taylor and Sons, after Companies House registered a winding up […]

Judgment handed down in Horsham DC v Secretary of State case

Lindblom J handed down the judgment in the Horsham District Council v Secretary of State for Communities and Local Government case that: “It is not a general principle in planning law that an acceptable proposal for development should be turned away because a better one might be put forward instead. This case shows why that […]

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