Cobbetts predicts static PEP

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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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Thring townsend wins stress settlement

South West firm Thring Townsend has won an £850,000 settlement for a passenger suffering from post-traumatic stress disorder as a result of the Ladbroke Grove train crash in October 1999. The personal injury case was unusual in that the damages award was made on the basis of future earnings for a postion that the client […]

Hey press do!

Kudos to Nabarro Nathanson for picking the ultra-cool Soho Hotel for its ‘end-of-year’ press party on Thursday 18 May. As well as brilliant canapés, proper champagne and outrageous décor, the firm laid on a wandering conjuror to prowl the room, astonishing partners and hacks with his tricks. One Nabarros partner particularly impressed by the magician […]

Who’ll be the first to float?

Last Wednesday (24 May) saw the biggest shake-up of the UK legal market for decades move a step closer. And the legislative process is moving unusually quickly: Lord Falconer commented that it was “just seven months” since the publication of the ‘Future of Legal Services’ white paper. Now the joint committee of the Houses of […]

Gleiss helps kill off ‘locust’ tag

Private equity houses have famously been described as locusts (Heuschrecken) in Germany, but it looks as if Gleiss Lutz could have acted on the deal that will change this perception. Herbert Smith’s German ally advised regular client Blackstone on its first-ever investment in a government-controlled company. Blackstone acquired a 4.5 per cent, E2.68bn (£1.82bn) stake […]

Freshfields sees Goldman et al through APB offer

Freshfields Bruckhaus Deringer has landed the lead advisory role for a Goldman Sachs-led consortium on its £2.4bn bid for Associated British Ports (ABP). The consortium, which includes Borealis Infrastructure Management, GIC Special Investments and Goldman Sachs, made an 810p per share offer for ABP last week. The ABP board has granted the consortium time to […]

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