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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 […]

Recommended

Demonstrating a need for reform

Ted Baskerville argues for the use of demonstrative evidence for juries in complex cases of white-collar crime. Ted Baskerville is managing director of Buchler Phillips Lindquist Avey, forensic and investigative accountants, affiliated to the Kroll O Gara Group. As an investigative and forensic accountant, I am deeply interested in the effective prosecution of fraudsters. It […]

Welsh merger creates 40-tenant set

Welsh chambers 32 Park Place and Newport Chambers are to merge from 1 September, making it the largest set in the Principality. In yet another sign that regional chambers believe consolidation is the surest way to survive, the merger will create a 40-tenant set. The merged set, to be called Temple Chambers, will continue to […]

This week……

The American Bar Association annual conference is taking place in Atlanta, Georgia. “It’s not just size that matters, it’s everything else that goes with size.” – Ed Dawes on his move from 15-partner Stoke-on-Trent firm, Kent Jones and Done to join Wragge & Co as an equity partner in the plc team.

US firms feel the urge to merge

There is a new wave of US firms which are looking across the water for merger partners. Chris Dignan reveals those most eligible for marriage. Rogers & Wells and Clifford Chance are well on the way to merging, while Thelen Reid & Priest has publicly declared its intention to do so (The Lawyer, 2 August). […]

News International brings US lawyer to run UK and Europe

News International is importing a US lawyer to head up the group’s commercial legal affairs in UK and Europe. Jay Itzkowitz, senior vice-president and associate general counsel of News America, senior vice-president, legal affairs of Fox Television and senior vice-president, legal affairs of Fox Entertainment, begins his role as director of legal affairs for News […]

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