Pinsents beats City giants to gain places on Tesco panels

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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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It's been a bad week for…

Lawyers hoping to make use of email records to prove dodgy activity. Executives looking to cover their tracks have seen a preview of a new product that can make a company’s email simply disappear. Corporate managers can use the technology developed by Disappearing Inc to set up email policies on company networks that routinely destroy […]

Ex-Weightmans chief probes insurance firms

Top insurance companies such as Norwich Union and Axa are using the services of Weightmans’ former chief executive to investigate possible overcharging by their panel law firms for bulk litigation work. Professor Martin Read left Weightmans in July 1998 after just 18 months and set up his own consultancy, providing auditing services to clients. Read […]

Trainees' minimum salary set to rise

At Thursday’s council meeting, members will consider a recommendation that from August 1 2000, the minimum wage for central London be raised from £12,150 to £13,600, with a Council recommended salary of £14,600. The Training Contract Review Group also recommends that the minimum level should be increased from £10,850 to £12,000 with a Council recommended […]

Case of the week

Mr Justice Hooper took the unusual step of lifting the anonymity normally applied to women who make accusations of rape after a jury found Lynn Walker had made up allegations that a colleague had raped her. Walker now faces a bill of £500,000. The judge’s ruling in the defamation action came after an application by […]

BP Amoco

In 1998, BP stamped its authority on the energy industry with its £67.7bn acquisition of US energy giant Amoco – believed at the time to be the largest ever takeover. The deal put BP Amoco at the very top of the energy market, but the company’s next attempt to build on its already substantial market […]

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