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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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Special report: private equity

The deals may have all but disappeared, but for private equity lawyers there isstill plenty to be getting on with. The first article in this private equity special report highlights how the knowledge of private equity solicitors can be essential to clients who need assistance with major judgement calls post credit crunch. The second article […]

Christie’s GC to create formal legal panel

Christie’s general counsel Nick Deeming has begun constructing the auction house’s first legal panel and has written to a number of firms inviting them to tender. Christie’s general counsel Nick Deeming has begun the process of constructing the auction house’s first legal panel and has written to a number of firms inviting them to tender. […]

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UK and US firms win Singapore licences

Allen & Overy, Clifford Chance, Herbert Smith, Latham & Watkins, Norton Rose, and White & Case win right to practise local law in SIngapore. The Singapore Government has awarded Qualifying Foreign Law Practice (QFLP) licences to four UK firms and two US firms. Allen & Overy, Clifford Chance, Herbert Smith, Latham & Watkins, Norton Rose […]

Camerons makes £4m from slumping pound

CMS Cameron McKenna has made nearly £4m from the tumbling value of the pound over the last year and a half, The Lawyer can reveal. According to financial statements for 2007-08, the firm made £2.8m in foreign exchange gains thanks to revenue from its European offices. The increasing strength of the euro, and other Eastern […]

Lambeth council overhauls legal panel

The London Borough of Lambeth has begun a panel review to service its new-look legal function. Because the council has significantly increased the size of its legal team during the past year, from 40 to around 65 lawyers, the winning firms are likely to receive fewer instructions under the new contracts. A council spokesman said: […]

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