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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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Ontario paralegals seek to avoid government regulation

Paralegals in Ontario, Canada, have asked the state government to allow them to continue to practice unregulated for another five years while they develop guidelines for self-governance, in a bid to allay the fears of lawyers. Canadian paralegals carry out administrative or technical tasks within law firms and also set up in practice on their […]

Solicitor who 'broke any law that was convenient' struck off

The two partners of East London firm Freeses have been found guilty of misconduct. The charges included overcharging, improper transactions, failing to comply with solicitors’ account rules, failing to pay counsels’ fees and working without practising certificates. The Solicitors Disciplinary Tribunal found Jonathan Freese of Freeses Solicitors, 44 Artillery Lane, Stepney, guilty of 12 charges […]

'They may pay more but they make you work for it'

Robert Lindsay investigates whether there really are culture differences between US and UK law firms – or is the “kick ass” ethos of US firms simply a myth? One day last January, Simmons & Simmons chief executive Alun Morris walked into a memorable meeting of the banking department. His task was to bolster morale after […]

Clerk's retirement signals new era

Chris Fogarty reports Wilberforce Chambers is to follow the growing trend of appointing a chambers director when it loses its senior clerk next year. The impending retirement of Wilberforce Chambers’ senior clerk Roy Beazley after nearly 40 years in the job has seen the prominent commercial chancery set radically revamp its management structure. Beazley, who […]

Property

Manches & Co acted for Novembre Properties on its purchase of Salford City Shopping Centre from Land Securities advised by Simmons & Simmons and Hillier Parker. Merita Bank, advised by DJ Freeman, financed the purchase.

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