Eversheds launches fresh redundancy talks

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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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Do the right thing – or else

I spent several days last week in the company of around 100 general counsel at The Lawyer’s in-house summit in Berlin. It’s one of the most illuminating events of the year, because it’s almost the only way the rest of us have to get a feel for in-housers’ collective thinking. I spent several days last […]

BLP’s corporate ambitions still burn, but the hunt for a rainmaker goes on

Trophy clients are vital if the firm is to compete with Ashurst and Herbert Smith. Berwin Leighton Paisner (BLP), which built its reputation as a real estate firm, is trying to branch out into the corporate arena. Don’t be surprised if this ­statement sounds familiar. Managing partner Neville Eisenberg has been coveting a slice of […]

Trio scores Mitsubishi sale

Hammonds, Macfarlanes and Paul Weiss have lined up on a rare £1bn deal as Mitsubishi Rayon swoops for UK chemicals company Lucite. Hammonds corporate partners James McKay and Mark Robson acted for the seller, private equity firm Charterhouse. Paul Weiss acted for existing client Mitsubishi Rayon and drafted in Macfarlanes in the UK for their […]

Into Africa

After signing tax treaties with China, the United Arab Emirates and a number of African countries, Mauritius is fast emerging as the ideal investment platform. By Anthony Whaley, Nicolas Richard and Sameer Tegally Since the launch of its global business sector 15 years ago, Mauritius has become the destination of choice for structuring investments in […]

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A&O flies bankruptcy star back to New York

The hike in restructuring work in New York has forced Allen & Overy (A&O) to relocate senior restructuring partner David Frauman after his six-year secondment in London. Frauman has returned to New York as the firm looks to globalise its restructuring expertise. A&O New York managing partner Kevin O’Shea said: “There’s a strategic dedication to […]

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