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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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eLearning vs traditional instructor-led training

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Time to rethink media coverage rules in employment tribunal cases

The press pack outside the London Central Employment Tribunal is a sure sign that somebody’s reputation is going to be irretrievably sullied by the afternoon’s media coverage. The waiting press pack outside the London Central Employment Tribunal is a sure indication that, within a matter of a few hours, somebody’s reputation is going to be […]

Hammonds takes two associates as partners

Hammonds has ramped up its banking practice with Kirkland & Ellis senior associate Samrad Nazer and Denton Wilde Sapte senior associate Iain Shurwood who both join the partnership. Both Nazer and Shurwood join the firm’s banking practice in London and will work alongside partners David Sachs and Graeme Carney. Hammonds banking head Jonathan Edwards said […]

Beijing 2008

TheLawyer.com’s Beijing 2008 blog covers the games from the lawyer’s perspective, with posts from lawyers and other legal professionals in the city on the Olympic events, the gossip, the law firms and the atmosphere. The blog began with a surprisingly clean post from Beijing-based legal recruiter Rob Metcalf on, er, the women’s volleyball and how […]

World’s first listed firm sees 27 per cent fee rise

Australian law firm Slater & Gordon has announced a jump in turnover of 27 per cent to hit a revenue of AUS$79.7m (£37m), just one year after it became the world’s first law firm to float. The firm recorded a 42 per cent growth in net profit over the same time period, while it also […]

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