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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

Walker Morris goes head-to-head with Hammonds on DPA product

Leeds-based Walker Morris is battling it out with Hammond Suddards Edge in a pricing battle over the firms’ Data Protection Act (DPA) products. A divergence in data protection product’s costs has emerged, with Hammonds charging up to eight times more than Walker Morris. Hammonds charges £750 for its Dataedge product, which contains a hard copy […]

Dorsey gives technology a boost with Virginia office

Minneapolis firm Dorsey & Whitney is opening an office in North Virginia, near Washington DC, to service the growing high-technology community there. The firm follows the likes of Latham & Watkins, Brobeck Phleger & Harrison and Wilson Sonsini Goodrich & Rosati into the market. Dorsey & Whitney is focusing increasingly on technology clients, and will […]

The Lotus Elite

Forced redundancies from Lotus’ engineering side are not holding the company back. Julia Eldred talks to head of legal John Messent about keeping the company healthy and on the road to continued success- and how he combines PR and legal roles.

Singapore slingbacks

If the Honourable Michael Beloff QC wasn’t getting enough stick already for regressing on his “present intention” to join set-of-spin Matrix Chambers for his former home at Blackstone, he is now getting it in the neck for his dress sense. In a recent interview The Times, (20 April) Beloff’s so-called friend Jeffrey Archer named Beloff […]

A&O wins insolvency partners in New York

Allen & Overy‘s (A&O) New York office is hiring two insolvency partners from Cadwalader Wickersham & Taft, providing the firm with a restructuring capability in New York for the first time. David Frauman and Ken Coleman resigned from Cadwalader at the beginning of last week and are expected to start at A&O today (30 April). […]

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