Merger deal creates India’s largest firm

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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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Trouble at the top?

Company directors will be left open to increased litigation when the Company Law Reform Bill takes effect. Richard Matthews and John Heaps investigate There is compelling evidence that, when the Company Law Reform Bill comes into force at the end of this year, the risks facing UK company directors will be at an all-time high. […]

CC raids Freshfields for Amsterdam finance team

Clifford Chance has moved to increase its Amsterdam finance and capital markets offering, taking three lawyers from magic circle rival Freshfields Bruckhaus Deringer. The firm has hired two senior associates and a junior from the Amsterdam office of Freshfields Bruckhaus Deringer. Sander Klaasen and Robert Masman will join as senior associates in August, while Wouter […]

Unichem GC snares Boots’ top job

Boots Group’s company secretary Michael Oliver is set to retire following the pharmaceutical giant’s multibillion-pound merger with Alliance Unichem, leaving Alliance Unichem general counsel Marco Pagni to take over as general counsel of the merged legal function. According to well-placed sources, Boots is unlikely to make any redundancies in its legal department as a result […]

Presidential treat

Thanks go out to Kevin Martin, outgoing president of the Law Society, for inviting Tulkinghorn down to the organisation’s annual council dinner on 12 July. There were more titles on show than a Lord Levy fundraiser and Martin was on great form, with a farewell speech that brought a tear to every eye in the […]

Ashurst oversees sale of 50-year £50m bond for Imperial College

Ashurst has acted for Imperial College, London, on the sale of a £50m bond to help fund its teaching and research. The bond is one of the largest deals by a British university. The firm has handled most of Imperial College’s corporate finance work since it successfully pitched to be on the university’s panel three […]

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