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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 […]

Recommended

Norton Rose bulks up in Australia with local hire and London relocation

Norton Rose has continued to add to its Australian practice following its tie-up with Deacons with the relocation of its climate change head from London to Sydney in addition to a local hire. London-based global head of climate change and carbon finance Anthony Hobley has relocated from London to Sydney as part of the firm’s […]

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Hogan Lovells to rethink name over trademark issues

The merger between Hogan & Hartson and Lovells has hit another snag after it emerged that the Hogan Lovells name has already been trademarked by a road haulage company in Nebraska. The soon-to-be-merged firm could now face a costly litigation battle unless the  name is changed. It is understood that senior management at both firms […]

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Singh when you’re winning

When Bryan Cave associate Robert Dougans was first introduced to Simon Singh by an in-house lawyer in May 2008, he never thought that together they would become the poster boys for a campaign against British libel laws. “Usually an injustice happens and nobody really cares,” Dougans remarks. But this time things were different. To recap: […]

Glen Scarcliffe

Steady Cleary grows organically with a series of Hong Kong and US laterals

Cleary Gottlieb Steen & ­Hamilton is making Hong Kong its strategic focus for the current financial year with a series of ­lateral hires planned for the jurisdiction. The firm, which is also looking to bulk up in London and New York, is famed for its cautious approach and rarely makes hires, but has emerged from the ­recession in […]

The Scottish showdown

It’s all kicking off north of the border. Just as the Scottish government was getting tantalisingly close to enacting an amended Legal Services Bill, a massive spanner has been rammed in the works, with the Scottish Legal Agents Society (SLAS) demanding that the Law Society of Scotland (LSS) drop its support of the bill. This […]

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