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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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Stephenson Harwood scuppers Dame Shirley plot

A Stephenson Harwood team acting for Westminster Council has emerged victorious in its battle to uncover millions of pounds of assets ‘belonging’ to Dame Shirley Porter, the council’s former leader, who was fined £37m last year for gerrymandering in the 1980s. Porter fled to Israel after being found guilty of gerrymandering in the ‘homes for […]

Addleshaw Goddard IP partner jumps ship

Addleshaw Goddard has lost its second intellectual property (IP) partner in three months.Simon Clark is joining Berwin Leighton Paisner (BLP) with a group of three associates to create a new IP group for the firm. His departure follows that of head of non-contentious IP Lesley Hall, who announced she was joining Farrer & Co in […]

Boodle employment chief joins Bird & Bird

Bird & Bird has shored up its employment team by poaching Boodle Hatfield’s head of employment Warren Wayne. The recruitment of Wayne is the latest sign that the technology-focused firm is continuing to recruit, despite the loss of a number of partners in recent months. The firm has been undergoing an analysis of partner performance over the past year, […]

Bryan Cave searches for UK merger partner

After electing a new chairman, US firm Bryan Cave has set its sights on securing a UK merger partner.Bryan Cave, a national firm, is seeking a full-service City practice with European offices. The firm has elected St Louis-based partner and vice-chairman Don Lents to succeed Walter Metcalfe as chairman. Lents has a year-long transition period […]

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Probate solicitors receive billing boost

Appeal judges recently ruled that probate solicitors could bill according to the value of the estate they are administering, as opposed to their hourly rate. The case, Jemma Trust co v. Liptrott & Others, concerned Bolton law firm Kippax Beaumont Lewis, which was involved in the administration of a £10m estate. The firm had charged […]

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