Bill set to axe IHT loan trusts

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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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Pay experts for work done

As a result of a letter from Richard Freeman (The Lawyer 29 November 1994), it has been suggested that I am condoning “conditional fee testimony” where it affects quantum rather than liability. In fact, I do not believe there is any place whatsoever for expert witness remuneration to be tied to anything other than the […]

Paving a road to success

Law firms are chasing substantial business as the demand for project finance increases reports Mary Heaney While law firms have seen no great increase in the amount of asset financing transactions, domestic and international project finance work has escalated. “There’s huge developments, particularly in electricity in Asia and high speed train networks in Europe,” according […]

Easy in, easy out

Melanie Oley on the considerable benefits of single currency funds With the low level of interest currently being offered on deposits by banks and building societies, savers may well be looking for a better rate of return on their deposits. Money funds or single currency funds are often able to provide this return without the […]

Clifford Chance marketing man goes to Stock Exchange

CLIFFORD Chance marketing chief Robert Pay is to join the Stock Exchange. Pay is the third senior figure from the marketing department to leave since last July. Carolyn Griffiths left to train as a barrister, and Michael Belford joined top surveyors Richard Ellis. Pay’s appointment as the exchange’s head of marketing ends a seven-year reign […]

First users try out new Quill system

Fennell Betson reports Essex residential conveyancing practice Darcy White is one of the first to try Quill Computer Systems’ conveyancing case management system. Partner Roger Morse says: “Because of this we have been able to incorporate some of our own ideas into the software.” Quill’s managing director Tony Landes says the new system is currently […]

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