Deals summary

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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 […]

Recommended

CC raises membership

Clifford Chance partners like to have a bit of a laugh – even at the due diligence stage of deals, which is not particularly known for its entertainment value. Apparently, a while back, one set of lawyers based in the firm’s Brazilian wing decided to have a bit of a wheeze with a non-Portuguese-speaking partner […]

Dentons joins magic circle firms on EDS legal panel

Denton Wilde Sapte has gained a place on the magic-circle dominated UK panel of Electronic Data Systems (EDS), the largest outsourcing supplier in the US. EDS, which is neck-and-neck in the global outsourcing stakes with IBM, has historically used Allen & Overy (A&O) as its sole commercial adviser. It also uses Clifford Chance for banking […]

Real estate

Poor Nabarro Nathanson. The mid-City firm seems to have developed an un-wanted sideline in supplying the London offices of US firms with some of its most dynamic property partners, something which must be forcing it to question how well it looks after its people.Most recent to go was highly-rated property finance brain Nigel Heilpern, who […]

Nabarros instructed on £1bn retail fund

Nabarro Nathanson’s property finance team has acted on the establishment of a retail investment fund formed by Morley Fund Management and property company Capital & Regional. Each put £170m into the fund – called the Junction Limited Partnership – for initial stock. Morley expects the fund to have national stock worth £1bn by early next […]

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