Report reveals courts cost £1.5bn a year

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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 […]

Recommended

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 […]

A&O taps bank for £75m to cover HQ relocation

Allen & Overy (A&O) has secured a £75m bank facility to help cover the cost of its new offices at Bishops Square. The loan was put in place last year to augment the current £65.8m cash surplus A&O has built up via retained profit to pay for the move, planned for this October. A&O finance […]

BLP’s fast action hero

It’s not often Tulkinghorn can say this, but some news of a genuinely heroic nature reached Tulkinghorn last week from Berwin Leighton Paisner. It was in the form of an email circulated by corporate finance partner and partnership board chairman Peter Robinson, to ‘everyone’, entitled “Adrian Rough” (one of the firm’s backroom unsung heroes). It […]

Directors to benefit from age rules

Companies fear being forced to follow statutory employment guidance for directors to avoid falling foul of age discrimination legislation. All large companies expect to have to change the way directors are hired and fired when the new legislation comes into force in October, according to the results of a new survey. Company directors are traditionally […]

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 […]

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