Olswang launches Brussels office

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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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Chancery courts the future

While the High Court continues to persist with the ancient Chancery Court and Queen’s Bench Divisions, many argue that, ultimately, only one will survive. On the battlefield of legal services reform, the Chancery and its barristers are fighting hard to defend their territory and, for now at least, they appear to be winning. The Queen’s […]

City firm to win Euro Bank Russian securities work

Naomi Owen led the team at Rowe & Maw which advised Virgin Rail Group (VRG) on its u1.25bn West Coast fleet renewal. The successful bidder is a consortium of the French company Alstom and Italian Fiat Ferroviaria. Under the terms of the deal, the consortium set up a special purchase company, West Coast Service Provision, […]

Industry must explain how it assesses cases, says MP

David Kidney MP plans to summon sections of the insurance industry to explain how they will tackle insurance for conditional fee agreements (CFAs). Kidney, chairman of the legal affairs sub-committee of the Parliamentary Labour Party’s Home Affairs Committee, decided on such a move after hearing a joint Bar Council and Law Society attack on government […]

Litigation Writs 15/2/99

Housing association chairman, Jeannette York, is suing a former board member for damages for allegedly harassing her. In her writ, York, and the West Hampstead Housing Association – which she chairs – claim that Peter Rutherford sent her letters which contained veiled threats of violence, or other drastic action against her, and were vexatious, time […]

Fatcat:Tackling the lure of the top five

Senior partners of the top five staunchly defend themselves against accusations that they are poaching key players from the firms in the tier below them. “Partners are ruddy well queueing round the block to get in. We’re having to turn them away,” scoffed one senior partner recently after a rather heavy dinner – unattributable, of […]

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