Review of the year: month by month

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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 […]

Recommended

New Dutch transfer pricing decree: incorporating case law, bringing clarity

By Ágata Uceda The Dutch Ministry of Finance has released a new transfer pricing decree that is already in effect. The new decree, announced in late November, supersedes two earlier decrees, that of 30 March 2001 (IFZ 2001/295) and that of 21 August 2004 (IFZ2004/680M). Other transfer pricing decrees are not modified by this new […]

Construction & Engineering Guide — December 2013

Developments in technology have revolutionised the way in which business is conducted. The increasing use of cloud services, mobile devices and social media has led to a dramatic rise in the volume of day-to-day business communication. The quantity of electronic documents that is now created can, however, become problematic in the context of disputes that […]

2013: the year of panel reviews

As 2013 comes to an end, news arrives of yet another panel review. Investment bank Nomura reappointed Allen & Overy, Ashurst, Linklaters, Mayer Brown and Travers Smith and also cheekily added Osborne Clarke, which had been dropped in 2010. The review follows last year’s restructure of its legal team. The year has seen a number […]

Royal Courts of Justice

Jones Day to pilot damages based agreement regime in London

The London office of Jones Day is piloting the use of damages-based agreements (DBAs), making it one of the few major firms to offer these alternative fee arrangements (AFAs) since new regulations came into force in the UK earlier this year. Jones Day already has some experience of contingent fees from the US side of […]

Edinburgh
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CMS Cameron McKenna partners vote yes to Dundas & Wilson takeover

CMS Cameron McKenna and Dundas & Wilson partners have said yes to a £277m-tie-up that will go live in May 2014.  Sources close to the firms said due diligence began in July but Dundas & Wilson partners were only made aware of the deal late last week. It is understood that Dundas’ real estate, financial […]

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