Norton Rose Islamic finance star joins Al Salam Bank

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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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Reed Smith re-elects Jordan to top job

Reed Smith has confirmed the re-election of managing partner Gregory Jordan for a third three-year term, which will see him remain at the helm until 2010. The re-election follows a partnership vote over seven days, ending on 3 October. Jordan, a litigation partner, has been managing partner at Reed Smith since 2001, when he became […]

Eleventh-hour injunction blocks disclosure rules

The Law Society has blocked new court disclosure rules that would have made documents such as pleadings and defence of a claim available to all third parties. Schillings, representing the Law Society, won a last minute injunction against Court Service on Friday (29 September) stopping the rules taking effect from yesterday (2 October). Mr Justice […]

Forty per cent of companies are not ready for age discrimination laws

Over 40 per cent of employers have failed to train managers in how new age discrimination legislation will affect recruitment, according to a new survey carried out by Eversheds. The firm spoke to HR directors and senior managers in 150 companies to find out how ready they were for the introduction of the Employment Equality […]

Mayer Brown confirms three-partner chairmanship

Mayer Brown Rowe & Maw (MBRM) has confirmed that three partners will assume the duties of chairman when incumbent Ty Fahner steps down next May, as first reported on www.thelawyer.com (18 August). The firm’s policy committee voted that general counsel James Holzhauer, UK managing partner Paul Maher and head of the Washington DC office Ken […]

PwC creates law, tax powerhouse in Italy

Accountancy giant PricewaterhouseCoopers (PwC) has launched a combined tax and legal firm in Italy, raiding former network firm Pirola Pennuto Zei & Associati for eight partners and 80 lawyers. The new firm’s name is Studio TLS, which stands for Tax and Legal Services. It has launched with eight partners and 130 lawyers in total. The […]

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