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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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London
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Chicago’s Jenner & Block becomes latest US firm to announce London launch

Chicago-headquartered Jenner & Block has announced it is to launch a London office later this year, becoming the latest in a growing number of US firms to establish a City base. The office will be staffed initially by a small group of dual-qualified and US-qualified partners and Jenner & Block said it would take a […]

High Court

Eder J’s early retirement highlights a judiciary plagued by low morale

Following the news that Mr Justice Eder is retiring early from the bench, The Lawyer asks whether low pay and low morale in the judiciary could result in others following suit. Mr Justice Eder stepped down from the bench on Wednesday with little fanfare. After just four years as a judge at the Commercial Court, […]

London

Revenue at litigation funder Burford Capital booms by 35 per cent to $82m

Litigation finance company Burford Capital has reported a 35 per cent increase in income for 2014, to $82m up from $60.7m. Of that $82m, nearly 60 per cent ($47.9m) comes from litigation investment activities, which the bulk of the rest is insurance income. Burford’s operating profit rose by 43 per cent from $42.5m to $60.7m.  The […]

Promotions for three Ogier partners in the Channel Islands

Ogier has appointed three new partners to its team in Jersey and Guernsey: Sara Johns and Jamie Bore in Jersey and Christopher Jones in Guernsey, effective from 1 April. This brings Ogier’s total number of partners to 49. In Jersey Sara Johns, who has more than 20 years’ experience in London and Jersey, has been promoted […]

food

The Heron, W2

I had tried, half-heartedly to get in once before, but the combination of a massive queue and a painful karaoke screeching from the wall-mounted televisions was enough to see me off. It was Biker Barry who got me here in the end. I owed him for cat-sitting favours. Choose anywhere, I say. The Heron, he […]

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