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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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Silent partners make some noise

In the wake of recent market volatility, restructuring partners have been thrust into the media spotlight once again. After several years of a bull market, these lawyers have been able to slink into the shadows and leave the headline-grabbing to their high-flying corporate and banking counterparts. While it has been easy for these partners to […]

Charities to face more red tape in light of new gambling laws

Gambling laws fast-tracked through Parliament before the last general election came into force on Saturday (1 September) and will lead to hardship for charities, lawyers have warned. The Gambling Act 2005, which allows casinos to open 24 hours a day with unlimited jackpots, requires any organisation that uses forms of lotteries, such as raffles, to […]

Just like starting over

Following a lengthy process of deliberation, US firm Proskauer Rose is on the verge of launching its London office, pinching O’Melveny & Myers private equity head Matthew Hudson to lead its assault on the London market. (see story) Hudson said he was excited about taking on a fresh challenge when he spoke exclusively to The […]

The Nationals

Eversheds may have retained its place as the UK’s largestnational firm in 2006-07 (its turnover of £356m was acountry mile from nearest rival Pinsent Masons’ revenue of £192.4m), but it is Shoosmiths that boasts by far the highest average revenue per lawyer (RPL). Although it recorded a comparatively tiny turnover of just £95m, Midlands-based Shoosmiths […]

Herbies set to expand TMT expertise into Dubai and Japan

Herbert Smith has set its sights on Asia for a technology, media and telecoms (TMT) push by hiring a senior lawyer in Dubai and planning to boost its presence in Japan. Practice head Nick Elverstone said: “We set up the media part of the TMT group in London about two years ago and we want […]

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