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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 […]

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 […]

Insurance & Reinsurance 2018: issues facing lawyers and clients today

Have there been any major changes or developments in your jurisdiction over the past 12–18 months? How have these impacted your practice? In August 2016, the Bermuda Monetary Authority (BMA) issued the Insurance Manager Code of Conduct requiring insurance managers to follow a set of procedures when carrying out their functions. In September 2017, the […]

Recommended

Flotations & Financing

Keith Thomson of Linklaters led the team which advised on a placing and open offer of £250m-worth of subordinated convertible bonds due in 2004, issued by Airtours, which was represented by Richard Lee at Addleshaw Booth & Co.

Time to play the field in euroland

Chris Bates, Clifford Chance Haydn Puleston Jones, Linklaters Bill Richards, Lawrence Graham Much has been said about the potential strengths and pitfalls of the euro, now the world’s second-biggest currency. But the creation of euroland, an 11-nation bloc with a population of 290 million and an economic output equivalent to that of the US, is […]

Drink-drive barrister faces arrest on return to the UK

A barrister faces arrest on her return from holiday this week after failing to appear on two drink-drive charges at Bow Street Magistrates Court last Wednesday. Karen Riggott, of Clerkenwell, wrote to the court saying that she could not attend because she was abroad. Prosecutor Raj Barot told magistrate Ronald Bartle this was not an […]

Compensate delays to cases, says Scott

Sir Richard Scott, the Vice-Chancellor, wants compensation to be paid to lawyers if judges are not available to hear civil cases on prescribed days under the Woolf system. Once the reforms have been instigated in April, courts are to have greater control of timetables and will set court dates earlier in an attempt to speed […]

Litigation Writs 11/01/99

The Solicitors Indemnity Fund (SIF) is suing Michael Clarke, of London SE6, in respect of a collapsed £2.2m property deal. The writ says Clarke agreed to buy property called Lake View at Farnborough, in Kent, with additional land, for £2.2m in December 1995, and instructed solicitors Streathers to act for him. It alleges that Mr […]

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