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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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Home guard

Investors may think twice about Canada after the government scotched a major foreign takeover of a domestic company. Canada’s minister of industry shook the Canadian and international M&A community in May when he took the unprecedented action of blocking a major proposed foreign takeover of a Canadian business. Using the powers granted him under the […]

1

Links London takes a hit

The decision by JPMorgan to ditch Linklaters because of its involvement in the Bear Stearns ­litigation is reminiscent of Clifford Chance’s spat with Bank of America in the 1990s and Freshfields’ row with Citibank at the turn of the decade. High drama at Silk Street. Magic circle firms don’t often get ejected from bank panels, […]

Outer Temple, Mark Howard QC win Bar’s top awards

Outer Temple Chambers won Chambers of the Year at The Lawyer Awards last night (24 June), while Mark Howard QC of Brick Court scooped Barrister of the Year. The common law set pipped Brick Court and Maitland Chambers to the Award for its exceptional increase in turnover, with commercial work increasing by 181 per cent […]

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Martineau Johnson re-brands as ‘Martineau’

Martineau Johnson has rebranded itself as ‘Martineau,’ dropping the ‘Johnson‘ from its name. The firm has also replaced its logo, formerly the interlocking letters “M” and “J”, with three vertical lines “to represent the firm’s new core values: integrity, inspiration and innovation,” managing partner Bill Barker said. Barker continued: “We listened to our clients, the […]

2

Narnia Dad defends his domain name policies

The Scottish father who owns the narnia.mobi domain name insists that it was a present for his 11-year-old son despite the fact that he owns 78 other domain names. The Scottish father who owns the narnia.mobi domain name disputed by the CS Lewis estate has claimed that he isn’t making any money from it and […]

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