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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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Wachtell lands massive M&A hat trick

After snagging a role advising Disney on its defence of Comcast’s hostile takeover bid, Wachtell Lipton Rosen & Katz can boast a role on all three of the bumper deals that are rocking the US M&A market. In addition to its vigorous defence of Disney, Wachtell is advising AT&T Wireless on its sale to Cingular […]

Allens Arthur wins Commonwealth Games role

Allens Arthur Robinson has proved it is the top choice for major sporting events, having won the coveted role of official law firm to the Melbourne 2006 Commonwealth Games. It won the role over a host of other law firms, and will advise alongside the games’ in-house legal team. First revealed on www.thelawyer.com, 18 February

Office of Deputy Prime Minister picks Bird & Bird for unemployment project

Bird & Bird has secured first-time instructions from the Office of the Deputy Prime Minister. The firm has advised the government department on an IT deal that assists the unemployed to move house to get a job if there is a shortage of work in their area. Bird & Bird snared the work after a […]

Lawyers get thumbs-up to practise throughout EU

Approval has been secured at the European Parliament for a new EU directive on the mutual recognition within member countries of professional qualifications. The directive would allow any lawyer legally established as a professional in their home state to provide services “on a temporary and occasional basis” elsewhere in the EU under their original professional […]

Departures necessitate MCI legal restructuring

The shake-up of the MCI legal team has seen senior in-house lawyer Peter Waters promoted to acting head of legal for Europe, the Middle East and Africa (EMEA). Following the departure of the previous EMEA legal head Stuart Blythe to Viatel last year, Waters had been co-heading the legal function with Suzanne Hopkinson, who is […]

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