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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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The write stuff

And talking of office equipment, Tulkinghorn was informed that Denton Wilde Sapte media partner Roderick Kirwan has become a liveryman of The Worshipful Company of Stationers and Newspaper Makers. Although Tulkinghorn is not sure what all this actually means, he is sure that the contacts Kirwan makes there will guarantee that the Dentons practice doesn’t […]

Merger creates Curtis Turner & Drukker

Dorset firm Bruce Curtis Turner & Co and London-based Nicholas Drukker & Co are to merge with effect from 21 April. The partners of the new firm, Curtis Turner & Drukker, will practise from Mitre House, Fleet Street. They are Bruce Curtis Turner, Nicholas Drukker, Keith Grey and David Wheeler. The two firms bring together […]

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The truth about partnerships

The run-up to partnership is one of the most stressful periods of a lawyer’s career. One ambitious young associate, when approaching his second bite at the partnership cherry, put on three stone as he comfort-ate his way through the gruelling process. This is make or break for a young lawyer’s career. Many City firms have […]

Business support staff: a case of karma

To paraphrase US politician Adlai Stevenson: “Law firms get the business support professionals they deserve.” In the case of Stevenson’s comments, in which he was referring to government, the remark was not meant as a complimentary one, but was rather an attack on the stupidity of the US voting public. Equally, my comment is not […]

A&O’s Asia disputes head returns to City

Allen & Overy (A&O) Asia dispute resolution head Andrew Jeffries is moving back to London after nine years in the Hong Kong office. He returns to London to build up the strength of the global corporate and commercial litigation practice. London arbitration and litigation partner Matt Gearing will move to Hong Kong to take over […]

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