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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 […]

Recommended

Litigation Recent Decisions 22/07/97

Decisions are taken from Lawtel’s legal database. LTL: Lawtel report; TLR: Times Law Reports; ILR: Independent Law Report. Student’s entitlement to income support Chief adjudication officer v Anthony Webber (1997) Court: CA (Evans LJ, Peter Gibson LJ and Hobhouse LJ) 1/7/9Summary: Whether a part-time student was not entitled to income support when not in fact […]

Property

Lawrence Graham acted for the South Oxfordshire Housing Association in the £68.3m transfer of 5,000 council houses from South Oxford District Council, which was advised by Irwin Mitchell. The Bradford & Bingley Building Society, which lent the housing association a total of £100m, was advised by Addleshaw Booth & Co.

Jonathan Haydn-Williams on speeding up the service of writs.

Jonathan Haydn-Williams is senior associate at Taylor Joynson Garrett. On 3 June, the 15 member states of the EU signed a convention on the service of judicial and extra-judicial docu- ments in civil or commercial matters. This is intended to expedite service in the EU. For some time, uniform rules have operated in the EU […]

US firm poaches six more from City

Wilde Sapte and Clifford Chance are to lose six more lawyers to Cadwalader Wickersham & Taft, as the US firm’s aggressive recruitment drive continues. Last week four assistants from Wilde Sapte: Vincent Keaveny, Timothy Hailes, James Warbey and Matthew Cain; and two from Clifford Chance: Philip Hertz and Lyndon Norley, said they would be joining […]

In brief: Montague to lead Treasury's PFI projects

Adrian Montague, co-head of global project finance at Dresdner Kleinwort Benson and previously a partner at Linklaters & Paines, has been appointed to lead the projects side of the Treasury’s PFI task force. Reporting directly to Geoffrey Robinson, the Paymaster General, he will be responsible for assuring the commercial viability of all significant projects coming […]

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