Herbies litigators told not to sue big four after Equitable debacle

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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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Burges Salmon reveals 13 per cent PEP increase

South West firm Burges Salmon has seen its profit per equity partner (PEP) fall below rival Osborne Clarke for the first time in five years despite posting a 13 per cent rise in PEP. PEP grew to £410,000 at Burges Salmon in the 2005-06 financial year compared with £363,000 in 2004-05. However, Osborne Clarke’s PEP […]

IBB wins new client Dolce & Gabbana

South East firm IBB Solicitors has secured Dolce & Gabbana as a new client, advising the designer Italian fashion house on a lease agreement for new showroom premises in London. IBB real estate partner David Silva led the firm’s team advising on the deal for the premises at 18 Hanover Square, London. It is understood […]

Lex Mundi network bolstered in Poland

Polish independent Wardynski & Partners has become Poland’s sole representative in the Lex Mundi network. The 19-partner Wardynski has offices in Warsaw, Poznaƒ and Brussels and specialises in project financing, corporate M&A and taxation. Wardynski senior partner Pawel Cieçwierz said: “Our membership with Lex Mundi is an opportunity for our firm to cooperate even closer […]

Having a ball

Congratulations to the boys from 3 Serjeants’ Inn, who emerged victorious from a sun-baked The Lawyer Legal Fives football tournament on Sunday 16 July. As the temperature soared into the 30s, it became obvious the eighth Legal Fives competition would be a test of stamina as much as footballing ability. Still, the teams in all […]

Prosecution Office recovers £21.5m in first year

The Revenue & Customs Prosecutions Office (RCPO) has successfully recovered £21.5m of criminal assets in its first year of operation. The independent prosecuting authority was launched in April 2005 and in its first year carried out 1,701 cases involving 2,269 defendants. Director David Green QC said in the RCPO’s first annual report: “Our prosecutors have […]

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