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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

DLA takes pro bono to Midlands and Liverpool

DLA is rolling out its legal pro bono scheme to the West Midlands and Liverpool. The Birmingham scheme will launch on 5 September and the Liverpool project is set to start at the end of October.Birmingham managing partner Chris Rawstron and Liverpool managing partner Michael Prince will run the schemes. Both offices will have partners […]

Simon Neilson-Clark

Until recently it was an undisputed assumption that secu-red lenders held a top position within formal UK insolvency procedures and this position led to a similar position of dominance within the restructuring world.In July a white paper arrived from the newly appointed Secretary of State for Trade and Industry which set out the two gods […]

Minters brand spreads over Asia

The Minter Ellison brand name has swallowed up three firms in New Zealand, Thailand and on the Australian Gold Coast. As part of a move to integrate associate firms and strengthen its regional brand, Rudd Watts & Stone in Auckland, Wellington, Matzger McGregor in Bangkok and Witheriff Nyst on the Gold Coast have now assumed […]

In the firing line

When the bar’s immunity from being sued was abolished, many feared that claims would spiral out of all control, but Brendan Malkin finds the floodgates have not opened – at least not yet The decision in Hall Simons was heralded as a defining moment in the history of the bar. A barrister’s immunity from being […]

Examining your doings

Tulkinghorn is bemused by the professions from which people come into the law and by those who leave it to do something totally different. Take Polly Browne, formerly a partner at Gordons Cranswick, who has stumbled on a rather unusual gap in the market – selling charitable Christmas cards to businesses. One wonders how on […]

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