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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

IBA surprised by breakaway liberalisation initiative

The International Bar Association (IBA) has been taken by surprise by the plans of three member organisations the American Bar Association (ABA), the Council of Bars and Law Societies of Europe and the Japan Federation of Bar Associations to set up their own forum on liberalisation of legal services. Lawyers groups worldwide suspect that the […]

Jones Day Reavis & Pogue strengthens London team

The London office of US firm Jones Day Reavis & Pogue doubled the number of its lawyers in the first seven months of this year, creating a new UK law facility. In July, it poached Denton Hall litigation partner Robert Thompson and it has taken four UK assistants from City firms, including Linklaters & Paines […]

Slaughters Paris partner makes move to Lovells

Slaughter and May has recently lost one of its veteran lawyers in Paris to Lovell White Durrant. Philip Boys, who has been in Paris with Slaughters for 17 years, joins Lovells as a partner in its capital markets practice. David Hudd, head of capital markets at Lovells, said: Capital markets is an area that we […]

Special report

This week, in the wake of Lord Irvines Cardiff speech, The Lawyer is running a special report on his plans for legal aid reform. In the first of five features (see panel) examining their implications, Chris Fogarty highlights the particular threat to the Bar. Having softened up the Bar by sparking off the fat cat […]

Paris firm scores a first with takeover of London practice

Paris-based Salans Hertzfeld & Heilbronn has become the first Continental firm to move into UK law, by swallowing up 50-lawyer Holborn practice Harris Rosenblatt & Kramer. The merged firm, to be called Salans Hertzfeld & Heilbronn HRK locally but dropping the HRK outside the UK, will have about 200 lawyers, a quarter of them based […]

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