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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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Claimant libel lawyers hit back at media demands for CFA caps

Hollywood actress Sharon Stone has used it. Supermodel Naomi Campbell has had it. Hell, even hypnotist Paul McKenna has utilised it. The stars’ use of it, however, has left many libel lawyers fighting among themselves. So what is ‘it’? Conditional fee arrangements (CFAs) in publication proceedings. Twenty two media groups have joined forces to lobby […]

Bond Pearce boosts health and safety

Bond Pearce has bolstered its health and safety practice with the hire of partner Melissa Jones from Hill Dickinson. • Bond Pearce has bolstered its health and safety practice with the hire of partner Melissa Jones from Hill Dickinson. The Health and Safety Executive specialist is renowned for giving non-contentious advice and providing training to […]

Dentons secures St Petersburg alliance

Denton Wilde Sapte has become the first London law firm to secure coverage in St Petersburg after forming an alliance with Duvernoix Legal. • Denton Wilde Sapte has become the first London law firm to secure coverage in St Petersburg after forming an alliance with Duvernoix Legal. Dentons confirmed the tie-up last week as it […]

Sidley Austin UK revenue breaks £60m

Sidley Austin has reported a 12.4 per cent increase in turnover in London for the 2007 financial year. The Chicago-based firm grew its London revenues from £55.03m at the end of 2006 up to £61.87m at the end of last year. Sidley Austin London managing partner, Drew Scott, commented: “We are very pleased with the […]

Gómez-Acebo strategy reaps rewards as it breaks e50m barrier

Gómez-Acebo & Pombo has reaped the benefits of its 2007 strategic review, breaking the e50m (£37.16m) turnover barrier for the first time. The firm posted a turnover of e54.6m (£40.58m) for 2007, a near 15 per cent increase on 2006’s e47.6m (£35.38m). The performance shows a gradual return to form for one of Spain’s largest […]

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