Lenders threaten to keep work in-house

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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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Tough stance taken on outsourcing work

IN-HOUSE legal departments are getting tough when it comes to outsourcing, a survey reveals. It shows that heads of legal departments are broadening the number of firms they use regularly when they out-source work and are driving down costs by negotiating better rates for their companies. The survey, carried out by recruitment consultants Taylor Root, […]

College of Law attracts director from City firm

THE HEAD of Herbert Smith’s education department, Alexandrina le Clezio, is to join the College of Law as director of continuing professional development. She leaves next month after six years at the City firm where she took articles and practised as a solicitor before setting up and heading the education department. She says: “I’m leaving […]

Shoosmith's holiday line

A LAW firm this week launches a holiday hotline for clients whose fun in the sun turns to pain in Spain. The Reading office of Shoosmiths & Harrison is offering free initial advice to victims of holiday accidents. Paul Paxton, head of the personal injury department, says the service has been set up in response […]

How absent suppliers view Robson Rhodes' survey

Tony Landes; THE Robson Rhodes annual legal IT survey (The Lawyer, 5 July) has again produced some interesting results. I would take issue, however, with the chart purporting to illustrate the ‘most used legal software suppliers with marketshare more than 2.5 per cent’. To the cursory reader it implies, albeit inadvertently, that there are no […]

Carol Mulcahy suggests ways of beating court delays

Carol Mulcahy A frequently expressed concern of litigators is the shortage of judges and the time it takes to get a case heard. Despite recent improvements in the lists, what is also frustrating is the delay experienced in obtaining an appointment for an interlocutory application before a Queen’s Bench Master. A carefully formuIated “offensive” strategy […]

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