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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 […]

Recommended

A brief’s moment in crime

Tony Soprano used his lapdancing club; Mickey Blue Eyes sold paintings. But in real life money laundering is much bigger business. And as highlighted in our feature this week (page 22), there are growing suspicions that organised crime is targeting arbitration to wash its dirty cash. Surprised? You shouldn’t be; big crime can always find […]

Dechert bulks up in Frankfurt with Fried Frank hire

Dechert has raided rival US firm Fried Frank to bolster its newly-opened Frankfurt office, picking up partner Sven Schulte-Hillen. Schulte-Hillen was previously managing partner of Fried Frank in Frankfurt, having founded the office in 2004. The hire follows Dechert’s January 2012 announcement (17 January 2012) that it was opening in the city to build on […]

Case of the week: Insolvency

In the matter of Lehman Brothers International (Europe) [LBIE] (in administration) and in the matter of the Insolvency Act 1986;(2012) UKSC 6; Supreme Court. Lord Hope (Deputy President), Lord Walker JSC, Lord Clarke JSC, Lord Dyson JSC, Lord Collins JSC. 29 February 2012 The Supreme Court considered three issues concerning the meaning and application of […]

Edward Solomons
4

Met Police unveils slimmed-down panel after cost-saving review

The Metropolitan Police has taken an axe to its external legal panel in a cost-cutting move that has seen nine firms exit the roster. Capsticks, Clyde & Co, Michelmores, Plexus, TLT and Weightmans are the six firms to win places on the panel, which has been slashed from 13 at the last review. The Lawyer […]

Peter Charlton
39

Clifford Chance’s Charlton arrested over Hong Kong car crash

Clifford Chance Asia managing partner Peter Charlton was arrested last Thursday following a road accident in Hong Kong. Hong Kong Chinese-language newspaper Ming Pao was first to report the collision, which occurred around midnight on Thursday 9 March. According to Ming Pao, Charlton was driving a Jaguar sports car after having consumed more than three […]

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