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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: Law student not discriminated against

A student at the Inns of Court School of Law who complained of racial disadvantage had her appeal dismissed by Mr Justice Gage, acting as Visitor to the Inns of Court. Justice Gage felt the student’s failure was related to her failure to take advantage of academic assistance provided, rather than as a result of […]

Price Waterhouse pulls in Pinsents partner for Europe

PRICE Waterhouse has appointed Paul Downing, managing partner of the London office of Pinsent Curtis, to head its network of European law firms. The move, which centres Price Waterhouse’s network in London, was announced last Friday to the Pinsent Curtis partnership. Downing will join Arnheim & Co, headed by ex-Hammonds Suddard partner Christopher Arnheim, in […]

In brief: Access to Justice researcher heads talks

One of Lord Woolf’s Access to Justice inquiry team members will address a conference by the National Council for Access to Law. District judge Dick Greenslade will lead the one-day event in addressing issues ranging from how litigants in person should present their cases and how changes to civil court claim limits will affect solicitors, […]

Contractors sound off at profession

BUILDING lawyers have received a pasting for being expensive, unprofessional and superior in a poll of the UK’s major contractors. A “deep dissatisfaction” with the legal profession is displayed in the survey in the New Civil Engineer magazine. The magazine questioned the country’s top 60 contractors on their attitude towards their lawyers. Cost was a […]

Increase in fraud figures for lawyers and accountants

ACCOUNTANCY firm KPMG’s annual ‘fraud barometer’ reveals a 42 per cent increase in the number of lawyers and accountants charged with serious fraud. Partner in KPMG’s fraud investigation unit Adam Bates said although the figures for lawyers and accountants were lumped together, most cases related to lawyers. The barometer recorded 17 lawyers and accountants charged […]

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