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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

Web week

The Lawyer‘s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@ thelawyer. com. •Bar crawlNow that the Bar Council’s blog (http://blog.barcouncil.org.uk/) is up and running, there’s no stopping it. Bar […]

Walker Morris promotes six to partnership

Leeds-based Walker Morris has appointed six new partners, bringing the total number to 52. The new partners are spread across practice areas, with property gaining two in the form of Rachel Cowper and Jacqueline Seddon. •Leeds-based Walker Morris has appointed six new partners, bringing the total number to 52. The new partners are spread across […]

Flotations provide rich pickings for firms prepared to do the legwork

There is little glamour about taking a company public, but it is financially rewarding. By Margaret Taylor With their headline-grabbing activity, not to mention eye-watering legal fees, take privates are firmly placed at the racier end of corporate activity. At the opposite end of the spectrum is the more pedestrian task of taking companies public, […]

Flint Bishop & Barnett equity rejig sees PEP breach £500K

Midlands firm Flint Bishop & Barnett has restructured its equity partnership, sending its average profit per equity partner (PEP) rocketing past the £500,000 mark in the process. The firm saw its turnover drop by £200,000 last year to £12.8m. However, each of the firm’s six equity partners took home a hefty £530,000, making them richer […]

Freshfields leads on latest German megadeal

Freshfields Bruckhaus Deringer completed its second major German-based private equity deal in a week after advising Kohlberg Kravis Roberts (KKR) and Permira on their EURO3.3bn (£2.2bn) sale of broadcasting group SBS. Germany’s biggest broadcaster, ProSiebenSat.1 Media, advised by Milbank Tweed Hadley & McCloy, agreed to buy all the shares in SBS. Permira and KKR jointly […]

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