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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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EVERSHEDS' choice of EMPLOYMENT Barristers

Eversheds Jaques & Lewis uses employment barristers more than it used to. Says partner Helga Breen: “We do not use them for getting a second opinion. We tend to use them as a cheap alternative to solicitors or when we’re incredibly busy.” Employment law barristers “need a thorough grasp of the law as well as […]

Bermans' recruit builds up brewery business

LANCASHIRE law firm Bermans has recruited licensing specialist Nigel Copeland to head up its new North West licensing and leisure department alongside existing partner David Gledhill. Copeland, previously with Copeland Lyons, is an established specialist in the licensing field. Anthony Lyons, senior partner at Copeland Lyons, will continue to operate the firm in the licensing […]

Conflicts of interest prevent judges from dealing with Lloyd's litigation

AROUND half the judges in the Commercial Court are unable to hear the Lloyd’s litigation because they have been involved in some aspects of it while at the Bar, according to the court’s head. Mr Justice Potter says he expects at least three judges at any one time to be trying the cases but this […]

Allen & Overy conducts fraud probe for TI Group

Allen & Overy is investigating allegations of fraud involving its corporate client, engineering and aerospace company TI Group. The claims arose in the US and appear to be backed by the US Government. Litigation partner Tim House and two assistants from the firm are being instructed by TI Group legal director Stephen Clarke to look […]

Top results in insolvency examinations

Solicitors taking the exams to become insolvency practitioners have done better than ever before by achieving a near-50 per cent pass rate and performing better than the accountants. Thirteen solicitors sat the Joint Insolvency Examination Board, out of 350 candidates, who were mainly accountants. Six of the solicitors passed, two were referred in only one […]

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