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Latest Briefings

Cartels in Romania

Government Emergency Ordinance 39/2017 of 31 May 2017 transposed the EU Directive on Antitrust Damages Actions (2014/104/EU) into national law and made a number of other amendments to the Competition Law (21/1996), including as follows: • The definition of an undertaking has been modified. • Undertakings that engage in the modern trade of foodstuffs and […]

Social Housing Monthly Law Update – November 2018

By David Isaacson TLT provides monthly law update on all things affecting social housing. Key highlights of this month include:  New ICO GDPR guidance: Passwords and encryption in online services and websites  Houses in Multiple Occupation (HMOs): important changes  Government announces new generation of council housing  Continuity of planning (environmental) requirements when the UK leaves […]

Romania: Supreme Court renders decision on the point of law

By Dana Rădulescu, Anca Băițan Supreme Court’s Decision highlights The Supreme Court rendered the Decision no. 53 rendered on June 18, 2018, recently published in the Official Gazette on November 5, 2018, on the point of law (the ”Decision”). To put things in context, we mention that the Supreme Court renders a Decision on the […]

Impact of UK property changes on Jersey and Guernsey structures

The UK Government has announced that with effect from April 2019, it intends to bring non-UK investors into scope for either capital gains tax (“CGT”) or corporation tax (“CT”) on any direct or indirect gains made in relation to investments in UK property. Jersey and Guernsey have responded to the public consultations and liaised with […]

Switzerland – Proposed new class action procedure

By Dr Urs Feller, Nina Lim In Switzerland, typical class actions as known in many other jurisdictions are not available. However, ‘Dieselgate’ and similar cases also affect consumers in Switzerland. If a large number of people suffer the same or similar damage, each has to file their claim individually. While total damages are usually large the individual […]

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Shearmans continues Euro drive with new Munich office

New York-based law firm Shearman & Sterling is continuing its expansion in Germany as it announces plans to open in Munich. It is expected that the new office, which will open in May or June, will initially be managed by Frankfurt and Düsseldorf managing partner Georg Thoma. Recruitment is already underway and a number of […]

baker almond

Etam’s claims against surveyor Baker Alm-ond hark back to the spate of negligence claims brought by lenders after the collapse of the 1980s boom. Time bars should have meant those days were long gone, but Etam argued that it had only discovered problems concerning stores bought in Truro in 1985 and Barnstaple in 1986, much […]

Home comforts

Margaret Garner’s legal department at Credit Agricole Indosuez chooses to keep much of its work in-house, but it demands the best attention and value for money from those firms that it does use. Mary Murphy investigates Banque Indosuez was taken over by Caisse Nationale du Crédit Agricole in 1997 as its international banking and investment […]

Luvvies strike poses problems for film finance lawyers as union flexes muscles

A predicted bonanza for film finance lawyers hangs in the balance as an actors strike in the US threatens to spread to Europe. New guidelines for the potential Screen Actors Guild (SAG) strike pose a serious threat to film finance lawyers, who were expecting to benefit from a temporary shutdown in Hollywood. SAG is ordering […]

Eurotunnel instructs Herbert Smith for debt repackaging

Herbert Smith has rekindled its relationship with Eurotunnel, acting for the longstanding client on a massive debt repackaging. The firm, which has not closed a major deal for the client for about a year, worked alongside four other City practices to complete the innovative £1bn repackaging programme. The cast on the deal included teams from […]

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