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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

Penningtons and Walker Martineau to merge

The new firm, which will come into being on 1 May, will keep the Penningtons name and Walker Martineau lawyers will be absorbed into the four existing offices in London and the south east. Penningtons’ managing partner Lesley Lintott will remain at the helm, with Richard Underwood, Walker Martineau’s managing partner, returning to full time […]

Digests

Linklaters has made up 28 new partners, including 12 in overseas offices. The corporate department gained 10 new partners and the firm says it will grow because of expansion in European M&A work. Stephenson Harwood has lost reinsurance partner James Crabtree who is leaving next month for Birmingham firm Pinsent Curtis. Meanwhile shipping partner Graham […]

What of our reputations?

Recent events within the solicitors’ profession, such as the disputes over Ms Kamlesh Bahl and the president’s bid to change the Law Society’s constitution without first having a full-scale review, have concerned us greatly. To the general public these developments portray solicitors as misleading, factious, irresponsible and unfit to regulate their own affairs. Difficult and […]

Quote of the week

“You don’t get many blow jobs in pension law” – Libel lawyer David “SooperHooper” Hooper, referring to the Gillian Taylforth case.

Stuck in the middle

Most trainees live in an almost permanent state of terror, but at this time of year life can be particularly harrowing. Many have just started their final seat and have less than six months until qualification. After years of training and study, trainees across the land will soon find out whether they have a job […]

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