Olswang pleased with ‘comforting’ financial results

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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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DWF takes on more space and higher costs in Leeds

DWF has moved into new offices in Leeds, quadrupling both its office space in the city as well as its rental costs, which are set to hit £800,000 per year. The North of England firm has taken up two floors, totalling 32,000sq ft, in Bridgewater Place, the same building that Eversheds occupies. The new base […]

Ashes to caches

Since the 1989 regime change in Romania, the country’s business law firms have thrived and have been helped rather than hindered by the arrival of competition in the form of their Western counterparts. By Catalin Baiculescu

Salans makes up extra partners on back of booming CIS workload

Salans has boosted its international partnership with the promotion of two lawyers in Russia and Ukraine. The firm has made up Russian IP head Denis Voevodin and Kiev banking and finance chief Natalia Selyakova. Voevodin joined Salans in 2001 as of counsel, while Selyakova has enjoyed a rapid rise up the Salans ranks since joining […]

Dundas & Wilson in landmark High Court pension win

The London office of Dundas & Wilson has won a High Court victory for the Pension Protection Fund (PPF) that will have wide-reaching implications for thousands of pensioners in insolvent companies. Sitting in the Chancery Division, Mr Justice David Richards found in favour of the PPF in a long-running case relating to asbestos producer Turner […]

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