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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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Bird & Bird ramps up IP in Sweden and Finland

Bird & Bird has boosted its Nordic IP team with the hire of four lawyers across Sweden and Finland. The firm raided Swedish IP boutique Gozzo for name partner Giovanni Gozzo, as well as senior lawyers ­Ragnar Lundgren and Orjan Grunden, taking all but three of the firm’s lawyers. Meanwhile in Finland, Bird & Bird […]

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In the badlands

With the number of cross-border disputes set to escalate, in-house counsel have identified China, Russia and the US as the jurisdictions of greatest concern. By Christopher Grierson, with Mark Lin, Yevgeny Perkunov and Edward Schorr As the recent turmoil in the financial markets has shown, markets across the globe are now inextricably interlinked. As such, […]

Macfarlanes gets tough with corporate, property lawyers

Macfarlanes is reviewing the performance of its lawyers amid difficult conditions for its core ­corporate and real estate practices. Macfarlanes ;is reviewing the performance of its lawyers amid difficult conditions for its core ­corporate and real estate practices. The firm holds performance appraisals every March and September, but managing partner Simon Martin admitted that the crisis […]

Heller gives Orrick momentum

Orrick Herrington & Sutcliffe King of vultures is growing all over the place Where there is a loser, there is usually a winner. So far, in credit crunch terms, most of the winners are hard to ­pinpoint. But in the aftermath of the collapse of Heller Ehrman, the most successful vultures are already making themselves […]

Citi hires litigators for Wachovia battle

A dispute between Citigroup and Wells Fargo over the ­purchase of US bank Wachovia began last week when Citi instructed Greg Joseph, name partner at Gregory P Joseph Law Offices and former ­litigation chair at Fried Frank Harris Shriver & Jacobson to block Wells Fargo’s $15bn (£8.64bn) bid for Wachovia made on 3 October, just […]

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