Linklaters tempts banking star from Lovells

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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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Nabarro Nathanson shuts door on final salary pension scheme

Nabarro Nathanson has closed its final salary pension scheme to future accruals in a bid to limit the firm’s future pensions liabilities. The scheme, which was closed to new entrants in July 2001, has now also been closed to all future accruals after the firm identified that the scheme’s deficit was growing. Senior partner Simon […]

BLP drafts in MacGregor to lead high-end property drive

£800,000 deal convinces CC real estate star to head jaded team. By Gemma Westacott Berwin Leighton Paisner (BLP) has got a few people scratching their heads with the hire of Robert Mac-Gregor, who joins from Clifford Chance as the firm’s new head of real estate. After spending months denying that the firm was searching for […]

Orrick emerges victorious from Texas asbestos showdown

Orrick Herrington & Sutcliffe has won a landmark $1.3bn (£710m) asbestos case for client Union Carbide. The US chemicals giant, which was a major producer of asbestos, brought in Orrick to replace Kelley Drye & Warren as its national counsel in spring 2002. Orrick acts as the company’s national litigation counsel, coordinating all disputes and […]

Mediation puts paid to two major film finance disputes

Teams of lawyers have been left with empty diaries after two film finance cases – widely believed to be two of the largest of 2005 – have settled. Both would have taken up around 50 weeks of Commercial Court time and the lawyers involved would have collectively earned a similar sum to the £50m at […]

Libyan oil stocks become next big pull for law firms

Ashurst, Baker Botts, Eversheds, Norton Rose gear up – but where is Clyde & Co? With energy lawyers’ attention shifted away from Iraq in the wake of ongoing hostilities, focus is now turned to four basins in Libya: Murzuk, Ghademes, Sirte and Cyrenaica. Exploration rights for the massive oil stocks in these basins are the […]

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