Woolf report – revolution or evolution?

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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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Couples ditch Mackay's mediation idea

NEARLY half the people currently seeking divorce would feel uncomfortable going through mediation and almost nine out of every 10 want to be represented by a solicitor, a comprehensive survey revealed this week. The Solicitors’ Family Law Association research is believed to be the first to test clients’ response to the Government’s White Paper proposals. […]

Wolf Report. Discovery and witnesses

Lord Woolf is frank about the problems facing the civil justice system – they are problems which a competent solicitor may help his clients to avoid but which nevertheless entrap far too many users of the English courts. The proposals for multi-track cases (over £10,000) might seem to differ little from the way the Commercial […]

Reform yes, but whose reform?

Last summer the Law Society Council fielded its second most attractive presidential candidate to attempt to keep things nice and clubbish. What is described as a “caucus” to support Mr Hodge is in reality an unelected opposition to the elected president. The Lawyer last week reports Mr Hodge as asserting that the president is unrepresentative […]

Open system, open doors

The Bar Council is currently in the process of implementing a wide-ranging agenda for self-reform designed to create a progressive and dynamically-structured profession fit for the 21st century. That process has included proposals for a new complaints system to tackle poor professional standards and moves to broaden access to the Bar Vocational Course through a […]

Keeping one step ahead in the financial game

The Chancellor of the Exchequer announced the launch of the City Promotion Panel in late July, with a remit “to promote Britain’s financial services industry”. The Treasury made it clear that Britain meant UK-based businesses; and the panel includes senior executives from Citibank, Morgan Stanley, Nomura and Paribas, chairmen of NatWest and Schroders and other […]

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