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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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UN backs international court

KOFI Annan, the United Nations secretary general, has used the International Bar Association’s (IBA) 50th anniversary celebrations as a platform to pledge his personal support for the creation of an international criminal court. Delivering the keynote speech at the celebrations in New York last week, Annan said he was confident a diplomatic conference in Italy […]

Irvine: power, but no time to use it?

THE LORD Chancellor Lord Irvine of Lairg’s appointment to seven of Labour’s 19 cabinet committees is proof of just how key a figure he is in the new Labour administration. The interdepartmental cabinet committees are regarded by constitutional experts as the powerhouse of government – as opposed to the Cabinet which, many argue, merely rubber-stamps […]

Partners quit Dundas & Wilson

Dundas & Wilson – the leading Edinburgh firm currently in talks with Arthur Andersen – has lost three partners to rival firms and is considering hiving off its seven-partner private client practice. The 50-partner commercial firm revealed it was talking to Andersens last month, but insists there will be no announcement for four to six […]

Ruling fails to set address precedent

One of the first judgments to tackle a dispute over the registering of Internet domain names has failed to set a precedent, according to a lawyer involved in the case. In the High Court last month, the Vice-Chancellor Sir Richard Scott refused to grant an injunction to prevent Pitman Publishing using the name “pitman.co.uk”. A […]

Appointment casts doubt on clerks' role

A LEADING family set of chambers, One Garden Court, is to appoint a new chambers chief executive, making it the latest of a growing number of sets to overhaul its administrative structures. Last week’s announcement has thrown into question the future role of the set’s experienced and highly-regarded senior clerk, Peter Hoskins. It will also […]

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