European Commission proposes reforms to merger control regime

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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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DLA Piper represents TubeMogul in IPO on Nasdaq Global Select Market

DLA Piper has represented TubeMogul, an enterprise software company for digital branding that provides a video buying platform to advertisers, in its $43.8m (£26m) initial public offering (IPO) on the Nasdaq Global Select Market. The DLA Piper team representing TubeMogul was led by partner Peter Astiz, global co-head of the firm’s technology practice, and partner Mike Torosian and […]

DLA Piper advises Rolta India on second high-yield bond offering

DLA Piper has advised long-term client Rolta India on a high-yield bond offering. The company raised $300m (£178m) in the international capital markets, issuing 8.875 per cent senior notes through its wholly owned subsidiary, Rolta Americas. The offering was oversubscribed by more than eight times with an order book of more than $2.4bn and demand […]

Slaughter and May eyes Asia growth

Never one to follow the crowd, elite UK firm Slaughter and May is bucking yet another trend by investing in its Asia practice. As we revealed in this year’s The Lawyer Asia-Pacific 150, international firms have been reassessing their positions in the region, holding back on expansion while local independents have been going for growth. […]

Karanovic & Nikolic organises business briefing on Serbian Labour Law changes

More than 100 representatives from companies in Serbia attended a business briefing organised Karanovic & Nikolic on 1 August. The briefing discussed recent amendments to the Serbian Labour Law. Karanovic & Nikolic’s employment senior lawyers Mirko Kovac and Jelena Danilovic highlighted and explained the changes that will have the greatest implications for companies, as well as the […]

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Stewarts Law settles legal battle but fate of lawyer duo hangs in the balance

Investment banker Geoffrey Logue has settled his legal battle against Stewarts Law, in a case that resulted in two of its solicitors being struck off following a private prosecution last year. Partner Andrew Shaw and associate Craig Turnbull are both waiting to hear whether they have to appear before the Solicitors Disciplinary Tribunal (SDT) for a […]

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