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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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European Food Safety Authority publishes feed additives guidance

On 22 October 2013, the European Food Safety Authority (EFSA) published guidance on the renewal of the authorisation of feed additives. EFSA explains that Regulation (EC) No 1831/2003 establishes rules governing the Community authorisation of additives for use in animal nutrition… If you are registered and logged in to the site, click on the link […]

Manches: A tax of the zombies

Today we give you the inside track on the collapse of Manches, a horror story if ever there was one. As we revealed last week, Manches had paid just £90,000 of a £715,000 tax bill, and had a £6.4m overdraft before it went into administration on 14 October. The firm’s financial situation was a mess. […]

Singapore

Singapore CoA slashes $250m award to $700,000 after Essex Court challenge

Indonesian conglomerate Lippo Group has reduced a $250m arbitral award made against it from $250m to $700,000 after a battle in the Singapore Court of Appeal. Essex Court silk Toby Landau QC secured the major victory for the group following a five-year legal battle in Singapore against Malaysia media giant Astro. It is a significant […]

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E-disclosure: Electric avenue

With practitioners singing the praises of search technology and using past cases as guides, confidence is growing in e-disclosure The panel:  Mark Surguy partner, Eversheds Damian Murphy barrister, Enterprise Chambers Paul Epstein QC barrister, Cloisters Chambers How important is the ruling of Mr Justice Birss in Re Atrium Training Services Ltd for future e-disclosure exercises? Mark […]

Final CFTC rules on protection of collateral for uncleared swaps and treatment of portfolio margining account in bankruptcy

Section 724(c) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) amended the Commodity Exchange Act (CEA) by adding section 4s(l) of the CEA, which sets forth certain requirements concerning the rights of a counterparty of a swap dealer (SD) or major swap participant (MSP) with respect to the segregation of […]

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