Berwin Leighton and Paisner face equity share headache

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Latest Briefings

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: Insolvency – 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 […]

Making a will by foreign domiciled persons to cover Jersey based movable assets

By Victoria Grogan This briefing has been prepared for clients domiciled outside Jersey who are considering making a will to cover their Jersey based movable assets. This briefing attempts to answer some of the more common questions that are asked by people who are not domiciled in Jersey, but hold assets here and are concerned about […]

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Post Office set to revise international legal panel By Dearbail Jordan

The consolidation of its international legal coverage is expected to begin early next year. The move comes after The Post Office reduced its UK regional panel from 40 firms to four and its City firms from 12 to two practices in April this year. The Post Office currently uses Slaughter and May and CMS Cameron […]

B&M hires head of tax from KPMG By Anne Mizzi

Partner Isabel de Otaola y Ubieta has joined the firm from KPMG’s Spanish law firm to take over leadership of the Madrid-based tax team. The position she fills became vacant following the departure of Abelardo Delgado to Arthur Andersen’s law firm Garrigues & Andersen, which has 43 tax partners. Otaola y Ubieta specialised in acquisitions […]

Law firms offering legal aid halved

Only 5000 law firms won contracts to offer legally aided initial advice and legal assistance in civil cases under the new scheme launched by the Lord Chancellor’s Department yesterday. Under the old system, more than 11,000 firms were entitled to offer such advice. The Law Society has reacted with fury to the cuts, claiming that […]

Macfarlanes scoops Schrager work

Macfarlanes‘ hotels and leisure group has advised Ian Schrager London on the £105m refinancing of bank facilities for the development of its two landmark hotels, the Sanderson Hotel and St Martin’s Lane Hotel. New York-based Schrager is primarily a property and development client of the firm. The relationship was developed by property partner Chris Field […]

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