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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

Eversheds acquires Linsley & Mortimer

Eversheds has snapped up Newcastle firm Linsley & Mortimer to boost its local insurance practice. The three-partner firm, which counts CGU and Iron Trades among its clients, began talks with Berrymans Lace Mawer in June 1999. But by September, negotiations were called off at the last minute. According to David Weatherburn, head of insurance and […]

Northern & Shell Group

Monday afternoon is a hectic time for Maninder Gill, head of legal at Northern & Shell, as he has to find a quiet corner of the office to browse through a copy of OK! Magazine. It is not everyone’s idea of hard work but Gill is checking the magazine before it goes to press. OK! […]

Get out of jail free

Barristers are usually considered to be highly committed to pro bono but, as Matheu Swallow discovers, the commercial bar has nothing to be proud about When it comes to pro bono, the bar is widely regarded as setting a fine example to the other side of the profession. However, despite its efforts, the bar still […]

E&Y's German firm in three-way merger

Ernst & Young’s associated German law firm Menold Herrlinger has scored a coup by merging with two highly-regarded law firms in the industrial heartland of the Ruhr Valley. Menold Herrlinger has merged with strong corporate firms Aulinger & Spieker in Dortmund and Bochum, as well as with Kraymeyer von Falkenhausen Hanke & Partner in Essen. […]

Finers Stephens nabs Mishcons tax expert

West End firm Finers Stephens Innocent is taking on a new tax principal from City practice Mishcon de Reya. Brian Slater is a qualified accountant and joins the firm with partner status to advise on corporate tax, property tax, VAT and employee share options schemes. Mishcons says that Slater held a “senior position” in the […]

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