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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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The Bar Council response

Last week’s OFT report is glib and dogged in its ignorance of how the interests of justice play a role in the issues at stake. No credible assessment of the public interest benefits, arising from the OFT’s suggested changes, has been produced. People are more than just consumers – they are citizens who require the […]

deal of the week – swiss life

Manchester niche commercial firm Perkins & Company now advises insurance giant Swiss Life on the majority of its UK property needs. The client was introduced by head of property Clive Bleasdale when he joined from Berrymans Lace Mawer 14 months ago. Since then, Bleasdale has advised Swiss Life on the acquisition of offices at Cannon […]

Magic circle fails to impress in The Lawyer CA survey

UK magic circle law firms are failing to make an impact at the Court of Appeal, trailing behind many of their City competitors. In the first survey of its kind, The Lawyer reveals that only Clifford Chance makes it into the top 10 law firms ranked by the number of appearances. Freshfields Bruckhaus Deringer is […]

Lathams wins MoFo IP partner for Valley team

Los Angeles firm Latham & Watkins is boosting its Silicon Valley office with an intellectual property partner from Morrison & Foerster (MoFo). Charles Hoyng has a practice focusing on life sciences work and joined MoFo four years ago as a partner. He handles a large amount of negotiation and drafting of technology licence agreements and […]

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