New Web site will lead the way to “business angels'

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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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Where next for mobile equipment?

The need for truly international regulations for the rights of owners of high-value movable assets such as aircraft, when that asset is located in a country other than one in which its ownership was established, has never been greater. The aviation industry alone has estimated the likely acquisition cost of aircraft and aircraft engines over […]

November Group takes U-turn on SIF

The November Group of 35 City firms, until now committed to an open market solution to the problem of indemnity insurance, is considering giving support to a revamped mutual fund. For two years, the group has campaigned for the abolition of the Solicitors Indemnity Fund (SIF) and earlier this year commissioned a study from insurance […]

Medical negligence

In the letter you recently published from Mark Harvey of Smith Llewellyn Partnership, he intimated that enquiries received by the Law Society or Accident Line from members of the public seeking advice on medical negligence were not referred to practices specialising in medical negligence work. This is not the case. Between January and December 1997, […]

Pittaway latest to 5leave Fox & Gibbons' Dubai office

Fox & Gibbons’ Dubai office has lost its third office head in less than three years. Former Dubai resident partner Jane Pittaway has left the firm to join Birmingham-based Wragge & Co as a commercial partner. She took over as managing partner in Dubai when the previous incumbent Christopher Dixon resigned 18 months ago. Dixon […]

Bird & Bird keeps CCTA IT business

Bird & Bird has beaten off competition from five other firms to retain its £1m post as legal adviser to the Government’s Central Computer and Telecommunications Agency (CCTA). The firm has held the post since 1994 but earlier this year, as part of the agency’s competitive retendering exercise, five other practices were asked to make […]

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