Cripps appraisal sees associates’ pay related to performance

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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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No5 silk becomes Midlands Circuit leader

No5 Chambers silk Gareth Evans QC has been appointed leader of the Midlands Circuit. Evans, who succeeds Peter Joyce QC of 1 High Pavement Chambers, will serve as the circuit leader until 2011. Evans said a fundamental aim will be to maintain the size and strength of the Midlands bar in a climate where ­Government […]

CC, O’Melveny advise on £1.8bn fund raising

Clifford Chance and O’Melveny & Myers have jointly advised emerging markets private equity house Actis on a rare fundraising in persistently challenging markets. Actis, which focuses exclusively on emerging market investments, has raised a total of $2.9bn (£1.88bn) for Actis Emerging Markets 3. At Clifford Chance, partners Jason Glover and Ed Gander and associate Peter […]

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Review of the year 2008: Cometh the crunch

The Lawyer continued to report the big stories that shaped the year. January Cadwalader Wickersham & Taft gave us a taste of things to come when it laid off 35 ­associates. By the end of the year nearly every firm would be doing the same. Lovells marked the end of an era with the departure […]

Shearman & Sterling promotes 11

Shearman & Sterling is the latest US firm to announce partner promotions. Property lawyer Clare Breeze and capital markets lawyer Mei Lian have been promoted in London. In total the firm has added 11 to the partnership. The firm’s international network had the bulk of promotions with a total of eight being made up, two […]

GM turns to Weil, Dewey for bankruptcy advice

General Motors has turned to Weil Gotshal & Manges and Dewey & LeBoeuf for advice on potentially filing for Chapter 11 bankruptcy protection. Weil Gotshal veteran and restructuring star Harvey Miller and partner Stephen Karotkin are leading the team, while former Weil restructuring co-head Martin Bienenstock is leading the Dewey team advising on the deal. […]

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