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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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Brum puts £5m panel out to tender

Birmingham City ­Council, the largest local authority in the UK, is set to launch a panel review to revamp its roster of 21 firms. Birmingham ;City ­Council, the largest local authority in the UK, is set to launch a panel review to revamp its roster of 21 firms. The move will see a host of national […]

McClure Naismith

UK 200 Position: 126= T… Position: 124Firm: McClure Naismith Turnover: £15.4mRevenue per fee-earner: £123KRevenue per lawyer: £152KRevenue per partner: £513KTotal number of fee-earners: 125Total number of qualified partners: 101Total number of partners: 30Total number of female partners: 2Total number of staff: 230

Talent management in the credit crunch: how should law firms handle their staff?

Law firms need to ­implement solid talent ­management schemes to get through the credit crunch intact – the main theme at a major London conference ­organised by The Lawyer. Law ;firms ;need ;to ­implement solid talent ­management schemes to get through the credit crunch intact – the main theme at a major London conference ­organised by The Lawyer. […]

Shoosmiths unseats Pinsents for NEC

The National Exhibition Centre (NEC) has severed its 30-year relationship with Pinsent Masons, selecting Shoosmiths as its main legal adviser instead. The National Exhibition Centre (NEC) has severed its 30-year relationship with ;Pinsent ;Masons, selecting Shoosmiths as its main legal adviser instead. General counsel Keith Marriott took over the NEC’s top legal role last year and launched […]

Pensions at Freshfields – but not for partners

Freshfields Bruckhaus Deringer has introduced a benefits scheme that allows all employees, but not partners, to access benefits such as a defined contribution pension scheme. The scheme, which 60 per cent of employees have signed up to, awards each member of staff a pot of money that can be invested in a range of ways, […]

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