Woolf rules make their mark as courts usher in civil reforms

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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

The end of contingency fees?

Dan Brennan (left) welcomes proposals which may prevent lawyers from entering into contingency fee agreements in potentially contentious matters. The Lord Chancellor, Lord Irvine stated in the House of Lords in February: “I do not want to see contingency fees introduced in relation to cases before the courts… contingency fees are at common law unlawful […]

Property

Cameron McKenna has acted on the property aspects of the acquisition of English & Overseas Properties by Quintain Estates and Developments for a reported sum of u33m in shares and cash. Property partners Jon Vivian (pictured) and Mark Heighton acted for English & Overseas, while Nigel Heilpern and Keith Hutchison of Nabarro Nathanson acted for […]

Financings

White & Case advised the Hungarian government on a $US500m global bond issue – the first by a central European country and the largest dollar-denominated issue by the Hungarian government. Partners Maureen Brundage (New York) and Michal Dlouhy (Prague) led the transaction.

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Lovell White Durrant wins govt PFI contract

Lovell White Durrant has won a contract from the Inland Revenue and Customs & Excise to advise on a forthcoming public-private partnership. The firm beat off competition from 30 other firms, of which five were invited to tender and three short-listed for interview. Bids were subjected to an economic appraisal to ensure the firm selected […]

Partners on the move…

Jeremy de Souza, who has been the lead tax specialist at London law firm Farrer & Co for 25 years, is moving to White & Bowker, based in Winchester, at the beginning of May. A specialist in property taxation, de Souza is the general editor of Land Taxation. Gouldens has announced the appointment of three […]

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