Maxwell Batley escapes $70m action

Maxwell Batley has successfully defended a $70m (£45m) High Court claim, believed to be the largest negligence action against a law firm since the demise of the Solicitors’ Indemnity Fund (SIF)

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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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Nuclear cower

As Messrs Bush and Blair finalise the battle plan for their war with Iraq, West Midlands firm Waldrons is not taking any chances. Tulkinghorn spotted a team of 15 lawyers from the firm checking out a nuclear bunker in Staffordshire. He did wonder if the firm was planning to relocate to the vast complex of […]

Lewis rejoins DJ Freeman management

Former DJ Freeman chief executive Jonathan Lewis (left) has once again stepped onto the firm’s management team with his appointment as head of the property department. Lewis, who handed over the reins to Laurence Harris in November last year, was previously chief executive for eight years. He will now take former department head Susan Hall’s […]

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