Davis Polk, Skadden, Sullivan in Citi’s Wachovia buy

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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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A&O, Shearman to merge?

A&O, Shearman to merge?03 October 2008 Allen & Overy in talks with Shearman & Sterling? We’re only asking.The rumours in New York are beginning to mount. Allen & Overy in talks with Shearman & Sterling? We’re only asking. The rumours in New York are beginning to mount. Shearman sources deny it, though another source close […]

Norton rose in $200m samena fund launch

The finance team at Norton Rose has scored the lead role advising Samena Capital on the launch of its $200m (£108.25m) Special Situations Fund. The fund is based in the Cayman Islands and is structured as a limited partnership. It will focus on the opportunities ­created by privatisation, ­liberalisation and restructuring. The team was led […]

Camerons rejigs management in quest to match alliance

CMS Cameron McKenna has radically overhauled its management structure to pave the way for the firm’s UK expansion plans. Under the scheme, which was voted through this month, the firm will be governed by a single 15-member board, including up to nine elected members and six global practice group heads. Previously, Camerons operated both a […]

Dame Hazel becomes dean of UCL law

Star professor Dame Hazel Genn has been appointed as the new dean of University College London’s (UCL) law faculty. Genn, who has embarked on a five-year term as dean of the faculty, used to be professor of socio-legal studies and co-director of the Centre for Empirical Legal Studies at UCL. The impressive roster of past […]

Wall St woes: Shock and awe

There was still hope on Wall St yesterday that the US government’s $700bn financial sector bailout would eventually make it through the House of Representatives. The expectation is that a revised plan will be adopted, one way or another. “I was just over at one of our private equity clients who said it’s something that […]

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