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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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Eversheds product liability expert comments on the advent of driverless cars on UK roads

The advent of driverless cars on UK public roads will make accident diagnosis increasingly difficult, according to Peter Shervington, product liability expert at Eversheds. He said: ‘The trend of shifting responsibility away from the motorist towards vehicle and parts manufacturers has a long history: the introduction of electronic engine management systems in the 1990s took […]

No5 Chambers’ Richard Gibbs client acquitted in £1.7m tobacco smuggling case

Richard Gibbs’ client has been acquitted in a case where the defendant and two others where charged with a £1.7m conspiracy to evade tax on the importation of tobacco. HMRC seized the tobacco in the form of cigarettes and hand-rolled tobacco from addresses in Wolverhampton during 2012 and 2013. Shahab Ali, represented by Gibbs, has been found not […]

Conyers advises Global Brands Group Holding on Hong Kong Stock Exchange listing

Conyers Dill & Pearman has provided Bermuda and British Virgin Islands (BVI) legal advice to Global Brands Group Holding on its listing by introduction on the Main Board of the Hong Kong Stock Exchange.  Global Brands Group Holding, which was spun off from the Li & Fung group, is a branded apparel, footwear, fashion accessories […]

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