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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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Barlow Lyde & Gilbert's ambitions continue with triple corporate hire

City firm Barlow Lyde & Gilbert is continuing its policy of aggressive expansion in the corporate department as it takes on two new partners and a senior assistant. Rajita Sharma joins from Hammond Suddards Edge in Birmingham where she was head of intellectual property (IP) and media. She has vast experience of IP in commercial […]

Osborne Clarke Frankfurt dumps merger strategy

Osborne Clarke is refocusing its strategy in Frankfurt and is abandoning its original plan to merge in preference of making a number of lateral hires. The move follows the decision at the end of last year of German ally Graf von Westphalen Fritze & Modest’s Frankfurt office to split from the rest of the firm. […]

Rail lawyer joins Cripps Harries Hall

A former deputy director for the Office of the Rail Regulator has joined Kent firm Cripps Harries Hall as a corporate partner. Stephen Williams was a property partner at Linklaters & Alliance between 1988 and 1999, during which time he worked on the British Rail privatisation. He subsequently joined US real estate company ProLogis Trust […]

Watkins sent to Reed Smith Coventry

Reed Smith Warner Cranston has bolstered its property practice with the hire of former Eversheds partner Nigel Watkins to its Coventry office. Watkins left Eversheds’ Birmingham office last month after 33 years, where he was key in creating the national firm. His departure is unrelated to the process currently underway of slicing an estimated 10 […]

MoFo snatches Couderts capital markets partner

Morrison & Foerster‘s (MoFo) Hong Kong office has recruited a Coudert Brothers partner as it undergoes a management shakeup. Venantius Tan has been with US firm Couderts since 1993, working in the New York and Hong Kong offices, but will now join technology specialist MoFo. Tan concentrates on corporate and securities work, acting mainly for […]

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