Rakisons wins second Jeffrey Green partner

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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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When two tribes go to war

Accusations of a growing “compensation culture” are always guaranteed to grab the headlines, and so it was when the Department of Trade and Industry (DTI) launched its review of the employment tribunals this spring. It was the Confederation of British Industry (CBI) that first delivered the charge. “We have to show that tribunals are for […]

Legoland

Legoland begins construction of German theme park with Bovis and US attraction-builder The Nassal Company. Legoland advised by CMS Cameron McKenna (Marc Hanson) with CMS Hasche Sigle Eschenlohr Peltzer Schäfer.

Financial

Financial software company Raft International is admitted to Alternative Investment Market. Raft International advised by Theodore Goddard (Graham Stedman). Nominated adviser and broker Seymour Pierce advised by Eversheds.

THE LEGGATT REVIEW

In May the Lord Chancellor, Lord Irvine, announced a wide-ranging and independent review of industrial tribunals throughout England and Wales. The last such review took place 43 years ago in 1957. That last review came under the chairmanship of Sir Oliver Franks. The Lord Chancellor appointed Sir Andrew Leggatt, a retired Appeal Court judge, to […]

A VIEW FROM AMSTERDAM

There is no doubt that the hottest topic of conversation in Amsterdam at the moment among the major commercial Dutch firms is the turmoil being caused by UK law firms. Their entry into the market has caused the splits of the largest firms here, with Loeff Claeys Verbeke going in part to Allen & Overy […]

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