Regional firm wins energy deal

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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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Shakespeares' former partner struck off by solicitors' tribunal

A former Shakespeares partner who misused almost u350,000 of client funds has been struck off by the Solicitors Disciplinary Tribunal. In a case exclusively revealed by The Lawyer (1 February), John Vernon paid himself u189,000 out of clients funds during his years at the Birmingham firm, while u156,000 went to other clients. The shortfall might […]

Allen & Overy spearheads move into Slovak Republic

Allen & Overy is set to become the first UK firm to open an office in the Slovak Republic. Igor Palka, a corporate finance partner at Cernejova & Hrbek in Bratislava, and who has worked with Allen & Overy for many years, will join the firm next month to head its new office in Bratislava. […]

In brief: Paul Shrubsall

Paul Shrubsall, senior clerk at premier commercial set One Essex Court, has been awarded an MBE in the New Year’s Honours list. The award goes to Shrubsall for his “services to the barristers’ clerks profession”. Shrubsall, who has been at One Essex Court for almost 10 years, is a former chair of the Institute of […]

Case of the week

The sword of truth finally fell on Jonathan Aitken this week when the old-Etonian left for an 18-month holiday at the public’s expense. Clutching his shield of English fair play the former minister was led down after being sentenced for perjury and perverting the course of justice after his libel case against The Guardian and […]

Will merger mania spell the end for Euro-networks?

If rumours are to be believed, the current favoured habitat of the great and the good from middle-tier firms is the departure lounge. Skulking around, waiting for the next shuttle to Euroland while avoiding alerting any rivals to their presence, they pursue the silent chase to snap up a fashionable continental firm – the must-have […]

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