UK firms ride out Asian recession

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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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Top job for Johnson Matthey counsel

Simon Farrant is taking on the mantle of company secretary in addition to his role as senior legal adviser at precious metals and drugs company Johnson Matthey. Farrant replaces Gordon Thorburn who is to retire because of ill health. He will officially take over at the company’s annual general meeting in July. Farrant remains head […]

Hill Dickinson boosts marine

Hill Dickinson is doubling its London marine department with the appointment of two yachting partners from Berrymans Lace Mawer. The appointment of Ken Thwaites and Tony Allen, who are joined by assistant solicitor Samantha Levin, will leave Berrymans’ marine and transit division with only one partner. However, Stuart Armstrong, head of marine and transit at […]

Olswang woos partner from rival

Olswang has poached a top property partner from the much larger City practice Berwin Leighton. Philip Olmer specialises in a diverse range of property and investment work for blue chip clients in the UK and abroad. He joined Berwin Leighton in 1987 and was a partner with the firm from 1991. Lawyers are commenting that […]

Playwright stalks Theodores

Playwright Terence Frisby steps up his “campaign of torment” against Theodore Goddard this morning, when leaflets offering secretly delivered, discounted copies of his book Outrageous Fortune will be handed out to staff as they arrive at work. Frisby, the author of hit play There’s a Girl in my Soup, published the book last year, which […]

Eversheds' WWII drama

Eversheds has brought the 50-year mystery of a Dutch masterpiece looted from Germany at the end of the Second World War to an end. The case – which set precedents on the statute of limitations for the recovery of stolen art – finished with the payout of u1m costs to the German government and the […]

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