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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

BOOK REVIEW

Business and the Human Rights Act 1998, by Michael Smyth, published by Jordans (ISBN 085308565) Think Human Rights Act 1998 and by now most of us are probably ready to emit a quiet groan. But for all the recent debate about the implementation of the act and, above all, the impact it will have in […]

Freehills partner quits

Stephen Stern has left Freehills Melbourne office to set up his own niche trade practices law and intellectual property firm following a disagreement with management over how the IP section was run. Stern is currently suing Nicole and Andre Coutrelis of French firm Coutrelis & Associe for defamation after they accused him of “morally, ethically […]

Ashursts client Peter Black picks Eversheds after MBO

Eversheds has snatched Peter Black Holdings from Ashurst Morris Crisp after advising on one of the UK’s largest public-to-private deals this year. A 10-strong Eversheds team, led by corporate partner Robert Pitcher, is acting on the £223m management buyout (MBO) of Peter Black through newco Beltpacker, led by a team comprising five directors, including chairman […]

Spirent

Spirent acquires Hekimian Laboratories in combined cash and paper deal worth £1.11bn. Spirent advised by Linklaters (Shane Griffin) and Debevoise & Plimpton (Robert Quaintance), financial advisers Schroder Salomon Smith Barney and Rothschild, brokers Cazenove & Co and accountants Ernst & Young. Hekimian represented by Skadden Arps Slate Meagher & Flom (Alan Myers) and financial adviser […]

Amerada Hess

Amerada Hess makes £2.4bn bid for UK independent oil company Lasmo. Amerada Hess advised by Goldman Sachs, Freshfields Bruckhaus Deringer (Tim Emmerson) and White & Case (Timothy Goodell). Lasmo represented by Slaughter and May (Simon Phillips), Sullivan & Cromwell (Richard Morrissey), Schroder Salomon Smith Barney, Cazenove & Co and UBS Warburg.

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