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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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Ashurst in bid for hedge funds

Ashurst is set to target activist hedge funds in a move it hopes will give it first-mover advantage in the evolving M&A landscape. Ashurst’s new strategy sets it apart from other City firms, which have been wary of activist hedge funds because of the potential for conflicts of interest. Ashurst head of corporate Adrian Clark […]

DWS, Norton Rose, Trowers scoop first procurement pack model PFI

Denton Wilde Sapte (DWS), Norton Rose and Trowers & Hamlins have all landed key roles advising on a £250m South London PFI project. Trowers advised the London Borough of Lewisham on the refurbishment and maintenance of 1,900 homes in Brockley, South London. Norton Rose advised financing bank Sumitomo Mitsui Banking Corporation (SMBC), while DWS was […]

Bracewell shows it allegiance to London

One false start and one soft opening aside, the bunting is now well and truly ready to be hung outside the London office of Bracewell & Giuliani. The firm of Republican presidential candidate Rudolph Giuliani has made some improvements on its set-up of two months ago, when a first-year associate freshly transplanted from Dewey Ballantine […]

Correction

On 14 May , The Lawyer reported that claimants’ solicitors had received around £800m from the Government for miners’ compensation scheme work. That figure referred to costs for the 30 firms that had reaped the most from the scheme. The total figure now exceeds £1bn. The article also stated that 200,000 claims are waiting to […]

DLA Piper widens North-South divide with salary revamp

DLA Piper is the latest firm to announce newly qualified (NQ) salary increases, with associates in Scotland receiving a whopping 90 per cent less than their City counterparts. London NQs are now on a salary of £63,000, a rise of 19 per cent on the £53,000 they received last year. In the firm’s Birmingham, Leeds, […]

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