Case book Judgments

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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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Suppliers of professional services to Government depts 1999-2000 (expenditure £m) PricewaterhouseCoopers #69.8 Ernst & Young #30.6 PA Consulting #13.5 AEA Technology #8.3 Centeral Office of Information #7.5 Deloitte & Touche #6.0 Logica #5.4 McKinsey #5.1 Treasury Solicitor #4.9 Hedra #4.8 Capita #3.4 DSS Solicitors #3.3 Berwin Leighton #2.2 Nabarro Nathanson #2.1 Eversheds #2.1 Bird & […]

Osborne Clarke leads the way in 2001’s first technology IPO

Osborne Clarke has pulled off its first technology initial public offering (IPO) on the main London stock market this year, in what is believed to be the first new listing by an IT company of 2001. The firm, led by corporate partners Bruce Roxburgh and Tim Birt, advised long-term client Marlborough Sterling on its £76m […]

Case studies

Claim against the Bank of America Case: A claim for over $4bn (£2.8bn) alleging that the manner in which the Bank of America divested itself of its founding 25 per cent stake in BCCI between 1978 and 1980 was fraudulent because it knew about the fraudulent and imprudent manner in which BCCI’s business was being […]

PepsiCo

Davis Polk & Wardwell has advised PepsiCo for several years, particularly in relation to corporate and tax matters. It also advised Pepsico on the $2.3bn (£1.6bn) initial public offering of its bottle business last year. The firm acted for Pepsico when it signed a binding agreement to merge with Quaker Oats in December. This offering […]

Ten faces of bcci

Peter Horrocks, Lovells Horrocks was the lead partner for Lovells acting for the liquidators from the moment the bank went down until his retirement in 1998. He was largely responsible for scooping the work for Lovells as he had worked closely with Deloitte & Touche previously, and he was the firm’s man in Abu Dhabi […]

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