Litigants win in reforms

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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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Decidedly feeble

Four years after the Law Society applies for rights of audience for employed solicitors, the Lord Chancellor’s Advisory Committee on Legal Education and Conduct reaches a decision. The eagerly awaited answer – it can’t decide. The Lord Chancellor now has two dissenting views from his so-called advisory committee on what exactly they are meant to […]

Holding on to the key to justice

Rory Khilkoff-Boulding laments the Law Society’s tight grip on insurance products AS a solicitor also qualified to practice as an attorney and counsellor at law in New York and California, I have always been bemused by the intellectual difficulties that many practitioners have in this country as regards conditional or contingent fees. In the US, […]

In brief: Top telecomms lawyer for Simmons

City-based Simmons & Simmons has appointed telecomms expert Tim Schwarz to join its nine-strong telecomms team. Schwarz, formerly of Clifford Chance, will take up his appointment as partner in early 1996, after spending nine months in the legal department of the World Bank in Washington where he will work on various telecomms projects. Qualified in […]

City pulls into pole position on IT super highway, says report

The City of London is emerging as the world’s leading user of information technology and is preparing to model itself as a commercial information super highway, according to the report ‘Focus on IT in the City’. The report was launched this week by the Worshipful Company of Information Technologists (WCIT), a group of 50 leading […]

Competition forces firms to slash fees

MAJOR law firms have slashed fees by as much as 20 per cent as competition with local and American rivals intensifies, according to a survey. A study released on Friday shows senior lawyers in private practice are, on average, 13.6 per cent cheaper than five years ago. The study was compiled by public relations consultant […]

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