Lovells’ 30 per cent PEP hike sows seeds of recovery

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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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People

* Freshfields Bruckhaus Deringer has promoted Jodie Flynn to of counsel. Flynn, previously a senior associate in the IP/IT practice, specialises in the pharmaceutical sector. * Kenneth Parker QC, joint head of Monckton Chambers, has been appointed as the new Public Law Commissioner with effect from 1 January 2006. Parker will also sit as deputy […]

International eye: Germany

Lorraine Cushnie on the month in Germany: Haarmann continues to haemorrhage partners; Sidley becomes Germany’s newest entry; Lovells suffers from CC raid – codenamed Siegfried; Düsseldorf named as Germany’s most expensive city for legal advice

Paris bar elections: Gide well-placed, Slaughters disappointed

Gide Loyrette Nouel partners Jean-Marie Burguburu and Olivier Cousi are in a strong position to be elected to the Paris Bar Council after they came second and third in the first round of elections. Burguburu, president of the council for the past two years, received 2729 votes in the initial round of voting yesterday (23 […]

Lanier sets sights on NY domination

Houston-based Lanier Law Firm has launched in New York with four lawyers, with the aim of making it the firm’s largest office within three years. The new office, which opened on 16 November, will be overseen by resident head Richard Meadow, who will be joined by three attorneys and five administrators. Founding partner Mark Lanier […]

Law Soc slammed for failure to hit complaints targets

The Law Society is still failing to meet the majority of complaints-handling targets set by Legal Services Complaints Commissioner (LSCC) Zahida Manzoor. Manzoor published her interim report into the society’s handling of public complaints last week (14 November), revealing that it was meeting just two of the seven targets set in May this year. The […]

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