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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

Antitrust Division ends year with highest level of criminal fines ever in 122-year history of Sherman Antitrust Act

The Antitrust Division obtained more than $1.13bn in criminal fines in fiscal year 2012 (October 2011–September 2012), the highest in the 122-year history of the Sherman Antitrust Act. More impressive, this year’s fine total does not include the additional $218m the Antitrust Division secured for state and federal agencies in alternative penalties, disgorgement and restitution, […]

Olney

Slaughters’ work safari

Slaughter and May is developing its natural resources focus, cultivating links with clients looking to that new kingdom of hope – Africa. By Joshua Freedman Slaughter and May’s London offices seem a far cry from the clamorous mines of Africa, but that did not stop the firm from inviting clients from the continent to a […]

London

Kennedys posts 9 per cent revenue hike

Kennedys has recorded a 9 per cent increase in turnover, from £109m in 2011/12 to £117m for 2012/13. Last year Kennedys announced growth figures of 11.6 per cent at the 2011/12 year end, breaking through the £100m boundary. This year’s growth does not include a £10m boost to turnover from Kennedys’ merger with aviation practice […]

High yield and convertible/exchangeable bonds

The first half of 2013 has seen private equity sponsors and corporate borrowers continue to look to the corporate bond and debt capital markets, as an alternate source of funding to bank lending, for M&A and joint venture project activity. Appetite for this kind of borrowing together with strong investor demand has resulted in the […]

Longstanding FT legal chief Bratton set to leave group

Financial Times (FT) general counsel Tim Bratton is set to leave the newspaper after nearly ten years at the helm of the publishing business’s legal team. Bratton joined the group from legacy Denton Wilde Sapte as a legal adviser for FT.com in 2000 and became legal manager responsible for UK print and online issues in […]

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