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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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Norton Rose hires AXA UK co-legal head

Norton Rose has hired insurance giant Axa’s UK co-head of legal in a move that it hopes will reaffirm its place as one of the company’s key advisers. Noleen John joins the firm as a consultant in the corporate insurance team, working part-time. She was previously head of the AXA UK Group legal team and […]

The dark side of the law

Last week the 50th anniversary Commonwealth Law Conference was held in the spectacularly uninspiring concrete surroundings of the Queen Elizabeth II Centre in Westminster. It was a colourful affair and all human life, as always, was in attendance, with a variety of national dress on show and the concreted halls ringing with accents and languages […]

Yahoo! ditches B&M in favour of Simmons

Simmons & Simmons has usurped Baker & McKenzie (B&M) as Yahoo! Europe’s lead adviser following an exhaustive review of external legal suppliers by general counsel Richard Hastings. Hastings, 02’s former UK head of legal, joined the internet company last December and began a rationalisation process almost immediately. Yahoo! is believed to have used around 100 […]

Lord Woolf joins CEDR

Lord Woolf is joining the Centre for Effective Dispute Resolution (CEDR) as a special advisor. The former Lord Chief Justice will also become chair of CEDR’s international Conflict Management Advisory Group, which launches this autumn, and he will join the panel of CEDR’s most senior dispute resolution experts. In a statement CEDR said that Lord […]

Linklaters ramps up Dutch team with Nauta rainmaker

Linklaters ramps up Dutch team with Nauta rainmaker” /> Linklaters has continued its campaign to boost its Dutch practice by raiding local market leader Nauta Dutilh to hire corporate partner Peter Goes. Goes’ appointment to the Amsterdam office is the fourth notable addition to the firm’s Dutch arm in the past 18 months. It follows […]

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