HSBC seeks worldwide fee rate from global panel

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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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Sullivan pounces for CC Paris star

The Paris office of Sullivan & Cromwell has scored a massive coup by recruiting Dominique Bompoint from Clifford Chance. Bompoint is one of the most respected corporate lawyers in France. He joined Clifford Chance from Bredin Prat in 2001. “We’re very excited about this. We think he’s the best of his generation,” Sullivan corporate partner […]

News Corp general counsel calls it a day

News Corporation general counsel Arthur Siskind has quit his role at the Australia-based media giant. He is stepping down on 31 December after 30 years with the company to become senior adviser to the chairman Rupert Murdoch. Deputy general counsel Lon Jacobs will take over the role in early 2005. First revealed on www.thelawyer.com 26 […]

Liable to change

The face of accessorial liability is changing, but many questions remain unanswered. Bajul Shah reports on Criterion Properties v Stratford UK Properties The landscape of accessorial liability has changed dramatically in the past 10 years. Few areas of equitable principles have seen as much judicial development as those governing dishonest assistance – where a defendant […]

Bar char

Like the class system, the division between blue-blood barristers and scummy solicitors refuses to die – at least in the unfathomable world of barristers’ clerks. The true status of the lowly solicitor was evident recently at Quadrant Chambers, which was playing host to an arbitration. A group of solicitors had rented a room and, after […]

Rental market saturates as top City firms try to offload space

A slew of law firms has returned excess office space to the rental market while rental prices are still rock-bottom, after overestimating their spatial needs. Hammonds is trying to sublet 10,000sq ft at Devonshire Square, while Freshfields Bruckhaus Deringer wants to offload 17,900sq ft over three floors at 22 Tudor Street. The Freshfields space was previously sublet to Berwin […]

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