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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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Opinion

At the risk of appearing alar-mist, the Data Protection Act 1998 (DPA) impacts on every type of business and a failure to appreciate its import may lead to criminal convictions. The act came into force on 1 March 2000 and replaced the Data Protection Act 1984, the Access to Personal Files Act 1987 and some […]

DLA fills London role with KLegal capture

DLA has taken on the director of KLegal’s competition and regulatory policy group Rob Murray Murray joins DLA as a partner and becomes head of the London competition team, a position he will take over from London partner Martin Rees, who will remain with the team. Murray’s exact start date has yet to be confirmed.

Land of the three

Sullivan & Cromwell, Davis Polk and Simpson Thacher may be doing well in Europe, but is this merely due to their link-ups with the investment banks? Caroline Davies reports Sullivan & Cromwell, Davis Polk & Wardwell and Simpson Thacher & Bartlett are three US law firms which are usually bunched together by reason of their […]

The IT factor

IT has opened many doors, but contractual problems are rife. Nick Holland reports on the potholes and safety nets We often hear about IT contracts going wrong or ending in dispute. Perhaps the most classic example of this reached the public consciousness two years ago – the problems with the issuing of passports due to […]

Deals summary

Ashurst Morris Crisp (Richard Vernon) advised Hemingway Properties on the £15.2m sale of an investment portfolio of five properties to Eagle Star Life Assurance Company. Addleshaw Booth & Co (Dean Copley) advised Eagle Star. Rowe & Maw (James Black) advised the Lattice Group Pension Scheme on the £24m disposal of a large supermarket and petrol […]

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