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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

cable & wireless

This is the second billion-dollar deal this year for Shaw Pittman’s London office. Last month it advised pharmaceutical giant AstraZeneca on its £1.2bn outsourcing deal with IBM (The Lawyer, 26 February). In the Cable & Wireless deal, Shaw Pittman has moved on from outsourcing to networking. Networks are the architecture of technology – the area […]

Watkins sent to Reed Smith Coventry

Reed Smith Warner Cranston has bolstered its property practice with the hire of former Eversheds partner Nigel Watkins to its Coventry office. Watkins left Eversheds’ Birmingham office last month after 33 years, where he was key in creating the national firm. His departure is unrelated to the process currently underway of slicing an estimated 10 […]

…and promotes Lippell to head of corporate finance

Leading regional firm Addleshaw Booth & Co is overhauling the management of its corporate finance group. Incumbent Jonathan Shorrock is stepping down in May to be replaced by highly-regarded corporate finance partner Sean Lippell. Shorrock will return to fee-earning full time after three years as manager of the group. He has a range of big-name […]

CASE STUDY: REBECCA NEWSON

Rebecca Newson studied law and European legal studies at Durham before going on to do her Legal Practice Course (LPC) at the College of Law at York. Given her time again she would not choose to go the Common Professional Examination (CPE) route. “I chose my degree because it was something that I was interested […]

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Born-again lawyers

Five years ago, as a 33-year-old senior banker of public school and Oxbridge education, possessing a Legal Practice Course (LPC) distinction and 12 years relevant banking/banking law experience, I embarked upon a second career as a finance lawyer with some optimism. Today, three years qualified by conventional standards, treated in most respects as four years […]

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