Law Soc election hopefuls close to a deal

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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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New rules will not alter PFI liability

Chris Fogarty reports Council officers could still be financially liable for commercial ventures that fail, despite legislation which aims to clarify Private Finance Initiative (PFI) deals, Nabarro Nathanson partner and local government expert Ray Ambrose has warned. Recently, the courts have found several council officers personally liable for their part in PFI ventures that had […]

City firm plans US marriage

The 13-partner City practice Hobson Audley Hopkins & Wood is this week finalising negotiations to join 150-partner mid-western US firm Feagre & Benson to form the country’s second major UK/US multinational partnership. In an arrangement similar to that created three years ago when City firm Titmuss Sainer & Webb allied with US firm Dechert Price […]

In brief: Law Soc heralds end of legal aid crisis

The legal aid funding crisis is officially over, according to the Law Society. The society has seized on figures published in the Legal Aid Board’s annual report which show spending is within budget for the fourth year running. Law Society vice president Phillip Sycamore said: “There is clearly no longer any need for panic measures […]

At the legal aid coalface

AS PART of our house training programme, our managing partner, Ann Alexander, arranged for our trainee solicitors and legal executives to attend an open day at the Legal Aid Board’s area office in Manchester on 12 March. Members of staff at the board gave short talks on all aspects of their operations, from the legal […]

Two solicitors make the QC grade

The historic appointment of two solicitors as Queen’s Counsel has brought a welcoming but cautious response from within the profession. Herbert Smith partner Lawrence Collins and Arthur Marriott, a partner at US firm Wilmer Cutler & Pickering, were named last week among the 68 new QCs. The pair were among six solicitors who applied for […]

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