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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

Cravath lawyer moves to McDermott as partner

McDermott Will & Emery has hired Cravath Swaine & Moore lawyer Paul Scrivano as a partner in its M&A and securities practice Scrivano has worked on a number of complex transactions, including hostile and cross-border deals. He acts for both issuers and underwriters in public offerings of debt and equity securities.

Virgin reviews panel after twelve months

In an extraordinarily proactive move, Virgin Group is reviewing its legal panel after just over a year While Virgin is not officially putting panel places out to tender until next year, the review could amount to “additions or dropoffs” of member firms. Virgin set up its 11-firm panel last May. Before then, it had a […]

Director action

John Madden and Lisa Toporek take a look at new directions for corporate governance in the US The recent corporate scandals at companies such as Enron and WorldCom have given rise not only to the perception that the ‘gatekeepers’, on whom investors rely to assure market integrity, have failed, but also to widespread expectations that […]

Norton Rose completes rejig of management

Norton Rose has finalised its management team and appointed corporate finance partner James Bateson and litigation partner Patrick Farrell to fill the two remaining posts The appointments are very much in line with the firm’s strategy to modernise its management structure by including a number of younger partners.Chief executive officer (CEO) Peter Martyr said: “Patrick […]

Good lucking

While some may regard him as the Don Quixote of law, Kathryn Hobbs finds out that Hammonds managing partner Chris Jones’s optimism is well-founded

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