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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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Eversheds wins bid for two-year govt deal

Eversheds has been appointed sole provider of legal services to the Forestry Commission in England and Wales. The law firm won the contract after a bidding process that leaves it as sole adviser on all property and commercial work as well as other specialist areas. A Forestry Commission spokeswoman told The Lawyer that the Government’s […]

Sean Pierce

So why did Sean Pierce buck the trend and quit the London office of US firm Weil Gotshal & Manges for Freshfields? Sean Farrell finds out

EC resignations to stall legislative programme

THE RESIGNATION last week of the European Commission’s 20-member executive poses legal problems for the European Parliament and could delay key areas of EC work, lawyers have warned. A new legal structure for EC regional aid, due to be unveiled this year, is expected to be held back. Worryingly, for the corporate sector, merger rulings […]

How not to deal with kids who kill

Paul Cavadino says the James Bulger murder trial revealed the way our legal system treats children who kill is out of sync with the rest of Europe. Paul Cavadino is director of policy at the National Association for Care and Resettlement of Offenders. The decision by the European Commission of Human Rights to refer the […]

Ignoring world wide webs

City firms appear to be hell-bent on conquering the world. But as Linklaters & Alliance, Cameron McKenna and others march towards global domination, many in-house counsel say that world-wide presence is not a deciding factor when instructing firms for overseas work. David Jackson, company secretary and general counsel at PowerGen, says it “makes no difference” […]

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