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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

In brief: Clerks call for more black magistrates

Black communities should be targeted for magistrate recruitment campaigns, a report by the Justices’ Clerks’ Society says. The document, Black People in Magistrates’ Courts, says that the measure would help boost under-represented minorities. Other recommendations to improve the racial equality of the courts include reviewing the role of the oath and providing greater translation of […]

Merger must come top of the agenda

Merger mania has once more hit the legal profession. According to the Smith & Williamson survey which contacted 35 partnerships of varying sizes, 86 per cent of firms have made an approach or been approached by another firm to discuss merger or acquisition. All the firms surveyed which have between 11 and 49 partners, have […]

The marketing dilemma

The issues facing law firms today, as they strive to be successful, are more complex than ever before, and effective marketing is therefore a higher priority in the lives of management and partners of law firms across the country. The end is no different, however; firms need to grow. The external forces affecting marketing demand […]

Names' action hinges on appeal

LAWYERS acting for thousands of Lloyd’s Names are awaiting a crucial expedited Court of Appeal ruling following the first summary judgement victory for a Lloyd’s agent against a Name last week. It is hoped that the case will go to trial, when the full defence of Lloyd’s Name Dr Andrew Higgins will be heard. The […]

Litigation Disciplinary Tribunals 31/10/95

Michael Charles Parker, admitted 1975, practising in Wirksworth, Derbyshire, fined £1,000 and ordered to pay £989 costs. Allegations substantiated he was guilty of delay in administration of estate, guilty of delay in conduct of professional business and failed to reply to letters from SCB. Tribunal said fine would have been higher but for Parker’s impecuniosity. […]

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