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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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Customs made: Anthony Inglese, HMRC

HM Revenue & Customs general counsel Anthony Inglese is a government lawyer through and through. Antony Inglese As you enter the impressive headquarters of HM Revenue & Customs (HMRC), it is clear that this is no ordinary place to work. The vast neoclassical building, within a stone’s throw of the Houses of Parliament, is fronted […]

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Why Clydes is bonny in the US

Clydes is succeeding where many a magic circle firm has failed, but will its strategy outlive the downturn? asks Julia Berris Peter Hasson International expansion has been at the heart of Clyde & Co’s strategy for years. During the 2007-08 financial year the insurance-focused firm stepped up a gear, borrowing almost £40m to help fund […]

Hammonds invites office heads to join the board

Hammonds has overhauled its management structure to give more power to office heads. Robert Weekes The heads of the national firm’s offices in Leeds, ­London, Manchester and Birmingham now sit on its operations board. They join managing partner Peter Crossley and Hammonds’ international department heads. The board deals with the day-to-day running of the firm […]

Brabners wins employment role for BCC

North West firm Brabners Chaffe Street has won a role ­advising the British Chambers of Commerce (BCC) on ­employment matters. The mandate comes on the back of the firm’s relationships with other business networks, including The Employment Agents Movement and the Recruitment and Employment Confederation. The BCC instruction will be led by employment partners Paul […]

Power shift

The Government’s Carbon Reduction Commitment scheme will spark a host of contract disputes as landlords and tenants fight to move the onus onto each other. By Joe Payne The UK Government’s Carbon Reduction Commitment (CRC) scheme is designed to encourage participating organisations to lower their carbon footprints. Because many ­participating organisations will seek to do so by reducing energy consumption […]

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