Compensation for discrimination goes up

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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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Buying new IT isn’t going to give Norton Rose the breakthrough it wants

Peter Martyr is an enthusiast. His drive is formidable. The Norton Rose boss took a declining City firm into new territories, pioneering the Commonwealth path for expansion – something that Herbert Smith, Ashurst, DLA Piper and Gowling WLG followed, with varying degrees of success. Following the Australian, Canadian and South African combinations Norton Rose finally did the US merger with Fulbright & Jaworski. However, the American deal has not set a fire under the combined firm; as a defensive move it’s pretty smart, but a bold step forward it wasn’t. Despite being one of the few firms to execute a transatlantic merger, Norton Rose Fulbright has plateaued.

Khaitan advises port on $400m borrowing

Khaitan & Co advised Jawaharlal Nehru Port Trust (JNPT) in relation to an external commercial borrowing of $400m from State Bank of India, Hong Kong and DBS Bank Limited, Singapore for a road project comprising 6/8 lane road connectivity to the Jawaharlal Nehru Port by Mumbai-JNPT Port Road Company Limited, a special purpose vehicle of JNPT, […]

Karanović: Croatia, Serbia, and Slovenia are backbone of NPLs in the region

Darko Jovanović and Marko Ketler, partners at Karanović Nikolić, recently commented on the state of the regional non-performing loans (NPL) market, and earmarked Croatia, Serbia, and Slovenia to be the backbone of the region in this regard, in a bne IntelliNews article. Their comments follow some of the recent developments on the market, as Romania – a country considered […]

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