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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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Peter Clough
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Fuller figures

The scope of work on which forensic accountants are instructed is widening as the profession feels the effects of increased regulation Are forensic accountants becoming a more common feature of the litigation landscape? Peter Clough, head of litigation, Osborne Clarke: They are, but it’s important to recognise that this is due in part to the […]

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Dechert snares Dewey capital markets pair as losses escalate

Dewey & LeBoeuf is set to lose four partners in London and the Middle East including City capital markets rainmaker Camille Abousleiman, in the latest string of departures from the embattled US firm. Abousleiman, one of the firm’s highest-profile City partners, is leaving the firm to join Dechert’s London office alongside fellow capital markets partner […]

Work Life Quiz: Alison Wilds, Harbottle & Lewis

What was your first-ever job? I worked in the greenhouses at a local flower grower’s nursery in the summer holidays. It was very hot as it was all under glass. What was your worst experience as a trainee? Changing my training contract to a different law firm, as I started my career in the law […]

Turbervilles sues former associate over missing client money

A law firm is suing one of its former employees for allegedly siphoning off almost £140,000 from its client account. Uxbridge-based firm Turbervilles has issued a claim against Julian Mullins, who was an associate in the private client department, but was sacked last August for dishonesty and gross misconduct, according to the High Court papers. […]

Lucien Wong

Singapore flings: the politics of local tie-ups revealed

Despite A&O’s failed gambit with Allen & Gledhill, foreign firms can now take shares in Singapore outfits and the polite clamour of tie-up talks can be heard, says Yun Kriegler In a move that was expected to provoke Singaporean firms into a period of introspection over their international strategies, in November 2011 Allen & Gledhill […]

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