Overexposure

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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

Ex-OGS man makes move to Cephalon

The former general counsel of Oxford GlycoSciences (OGS) and British Biotech John Ilett has been named as the first European lawyer at US pharmaceutical company Cephalon. Ilett quit OGS last year in the wake of its merger with Celltech, which became the UK’s biggest biotech company and is now in the process of being bought […]

BBC appoints new legal head

The BBC has promoted Valerie Nazareth to the position of head of programme legal advice. Nazareth will succeed Glenn Del Medico when he retires in August. She has been with the BBC for over 10 years after joining the company from Goodman Derrick.

Simmons sharpens Qatar focus with new hire

Western law firms in Qatar are continuing to expand after Simmons & Simmons has taken on a partner from leading local firm Gebran Majdalany. David Salt, an energy and construction specialist will joins Charles Pollack as the office’s second partner. Commenting on his decision, Salt said: “Simmons is an international firm doing work I am […]

Addleshaws promotes to fill partnership gap

Addleshaw Goddard is promoting 11 lawyers after losing three partners earlier this month. Three will become partners, including employment lawyer Ruth Davies, finance and projects lawyer Andrew Pettinger and corporate restructuring and insolvency lawyer Daniel Redstone. Another eight lawyers will step into legal director roles, which have been designed to provide a career development path […]

Grapevine

At a 45-minute press conference this morning on the future of the silks system, the Lord Chancellor Lord Falconer managed to make one Government policy U-turn and reverse hundreds of years of tradition. Not bad for a morning’s outing which, as ever, was replete with his cosy bedside manner, smiling face and occasional joke. The […]

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