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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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Top UK firms in partnership boom

The UK’s leading law firms are appointing large numbers of new partners reflecting a surge in business not seen since the end of 1991 Gulf War. One of the main factors driving the increase in partner numbers is the explosion of takeover activity in the City bringing in tens of millions of pounds in advisory […]

Litigation Recent Decisions 23/04/96

Failure to account for tax alleged to have been deducted R v Inland Revenue Commissioners, ex parte McVeigh (1996). QBD (May J). Summary: Lawful direction to a company director requiring him to pay tax on a bonus which his company had purported to pay less tax but which tax had never been accounted for to […]

An oasis of junior talent

One of the problems noted by commercial litigators is the shortage of juniors at the commercial Bar. As one partner says: “It is worrying that we find a junior and use them regularly and then they take silk.” This is true of a number of juniors who have been recommended by litigation solicitors. Among them […]

Litigation Writs 23/04/96

A mother of nine whose tenth child was born without clinical signs of life but was resuscitated to survive for a year is suing a health authority for damages. Margaret Cummings, 46, of South Croydon, has issued a High Court writ claiming damages from Croydon Health Authority. It says she was admitted to the Mayday […]

Hodge issues dire warning on state of Law Society

THE LAW Society has lost the confidence of the country’s opinion formers and decision makers, according to the Legal Aid Board’s new deputy chair Henry Hodge. The appointment of the former Law Society deputy vice-president and prominent legal aid practitioner to the newly created post was announced by Lord Mackay last week. The move has […]

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