Herbies, McGrigors advise on Cairn’s India expansion

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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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Hammonds swoops on EDF for partner hire

Hammonds has strengthened its energy and utilities group with the hire of EDF Energy in-house lawyer Adam Langridge who will join the London-based team as a partner later this month. Langridge was principal solicitor at EDF Energy’s in-house team advising on energy corporate and commercial matters. His start date has not yet been finalised, although […]

Stearns secures record fees on ExxonMobil case

Miami-based law firm Stearns Weaver Miller Weissler Alhadeff & Sitterson’s dreams came true earlier this month when a Miami federal judge awarded it $249m (£135.21m) in fees. The ruling, one of the largest fee awards on record in the US, follows Stearns’ successful representation of 11,000 petrol station owners in a $1.1bn (£597.32m) class action […]

Law Society seeks answers over Russia’s persecution of lawyers

Russia has changed dramatically since the days of the Soviet Union. However, some areas have made little progress, and among them is the rule of law. Although sensitive to criticism on the issue, the Russian establishment does not take kindly to those who seek to limit its power, and recent years have seen the disappearance […]

Watson Farley targets improved leverage ratio

Top 50 firm Watson Farley & Williams is aiming to increase dramatically its leverage ratio in a bid to boost its profitability. The 59-partner firm, which had a relatively low leverage ratio of 1.9 in 2004-05, has deliberately increased its lawyer numbers at a greater rate than it is growing its partnership. Managing partner Michael […]

Sidley pursues City insurance practice

Sidley Austin has redoubled its efforts to push into the London insurance market by bringing over two senior lawyers from its US practice following the hire of a DLA Piper Rudnick Gray Cary team for its insurance launch. James Stinson, co-chair of the firm’s insurance and financial services group, joined the London office in May […]

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