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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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lawyers at play

Recently sculpture fan Kirk Murdoch took time off from managing his firm, McGrigor Donald, to visit Glasgow School of Art’s Degree Show. His firm sponsors the private viewing of the show whose highlights include a sculpture of headless chickens by Kirsty Rae Glen, which Murdoch himself particularly warmed to.

Profits shrink as growth continues

The Lawyer/Pricewaterhouse Coopers1998 survey reveals some worrying trends, say Alistair Rose and Denise Catterall. Alistair Rose and Denise Catterall lead the Pricewaterhouse Coopers professional partnerships’ group and specialise in providing accounting, tax and business consultancy services to law firms. Over recent years, the annual survey has traced the industry’s progress towards improved financial management. This […]

President of the court of last resort

Veronica Cowan tests Legal Services Ombudsman Ann Abraham’s faith in the self-regulatory complaints system. Veronica Cowan is a freelance journalist. For clients unhappy with the performance of their lawyer, Ann Abraham is the court of last resort. As legal Services ombudsman she sits somewhat uncomfortably between a profession frustrated by complaints, and clients and consumer […]

Judge questions Gouldens' evidence in fee claim case

A High Court judge has thrown out the evidence given by Gouldens’ head of company commercial Max Thorneycroft in support of the firm’s bid to force a company director to pay up to £200,000 in fees. In a judgment which effectively scotches Gouldens’ attempts to force entrepreneur Robin Herd to pay up the money, Judge […]

No more “fortress Bar'?

Jon McLeod offers the Bar advice on its public relations. Jon McLeod is director of PR consultancy Shandwick, one of the company’s bidding for the Bar Council’s contract. The transformation of the Government from the maker of reassuring noises over the Bar’s future into an administration which is intent on gnawing at the roots of […]

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