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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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BVC changes in profile

A Bar Council consultation seeking views on radical reforms to the BVC has closed – but any changes are likely to take years to come into effect. The Bar Council launched the consultation in December 2005, giving BVC providers three months to respond to the proposed changes. The key proposals were drawn up by the […]

Debenhams’ return to the LSE ensures saga ends well for all

The story of Debenhams’ move into private hands and its return to the London Stock Exchange in just three years is one of barefaced opportunism, great timing and good management. It is also a story of how one firm’s relationship with a private equity client brought it work worth more than £6bn over just three […]

Beachcroft dumps Wansboroughs for LLP switch

Beachcroft Wansbroughs is set to hire two external non-executive directors as it marks its conversion to LLP status with the formation of a new management board. The firm converted to LLP status on Monday (1 May) and has also changed its name to Beachcroft. The seven-partner management board will make strategy and management decisions and […]

International report

Ropes & Gray began life in 1865 in Boston, Massachusetts. In the 140-odd years since, it has grown to 775 fee-earners – of whom almost a third are equity partners – and opened offices in New York and San Francisco. In January 2001 the firm merged with New York IP outfit Fish & Neave, adding […]

Weightmans profit and turnover rocket

Weightmans has emerged from several years of low profitability with a stunning 25 per cent increase in average profit per equity partner (PEP) and an 18 per cent income rise. The North West firm is predicting PEP to hit £265,000 following a strong financial year, a rise of 25 per cent from last year’s £211,000. […]

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