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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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Sharp Operator

It took a while, but Dewey & LeBoeuf finally has its man in London. As we report today, the US firm has just appointed litigator Peter Sharp to be its London managing partner. For many in the firm’s London office it’s not a day too soon.“Ever since the merger every partner in London has been […]

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The pain in Spain

The recession may have come late to Spain, but as James Swift reports, it has not escaped unscathed and nor has its lawyers  For more than a decade Spain was one of Europe’s top economic performers, riding high on the success of its prodigious, debt-driven real estate sector. But when that market – which […]

Damages control

The courts have been busy rooting out the ambiguity surrounding damages for breach of contract claims. Marion Smith examines the most recent takes on these restitutionary dilemmas  All commercial clients, ­making or facing a breach of contract claim, want to know what remedy they can expect a court to award. They used to be told there […]

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Postcard from… Saudi Arabia

Living in Saudi Arabia as a lawyer means a lot of travel, because you are covering a country roughly the size of Western Europe, with its main business centres Jeddah on the Red Sea, Riyadh in the centre and Dammam on the Arabian Gulf, plus a fair number of out-of-country meetings in neighbouring Dubai and […]

Baroness Scotland calls for youth engagement

Attorney General Patricia Scotland has called for “positive actions” to promote justice and social mobility, while hitting out at suggestions made by the Conservatives of a ’broken Britain’. Talking to The Lawyer, Baroness Scotland highlighted the need for schemes that engage young people from non-traditional ­backgrounds with the law. Last year Scotland launched the Youth ­Network (The Lawyer, 11 May […]

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