Short-term switches, long-term damage?

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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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Central Europe Special Report: Czechered careering

Czech Republic government work may not be as thick on the ground nowadays, but with increased entrepreneurialism and a rise in PPPs, there’s still plenty of deals to chase. The glory days of major ­privatisations might be over in the Czech Republic, but the government is still the hottest client to have in Prague. For […]

Herbies faces taxing times

What a difference a month can make. What a difference a month can make. Herbert Smith’s decision to backtrack on changing the date of its financial year-end for tax purposes says a lot about the firm and its management. And it says even more about the pressures currently facing the UK legal market in general […]

Class action is one big headache, says Which?

The only consumer body able to bring class actions in the UK has slammed the system for being costly, time-consuming and offering little reward. Speaking at The Lawyer’s antitrust litigation conference last week (25-26 November), Which? head of legal Deborah Prince said that after dedicating 20 per cent of her workforce to a class action […]

Wolseley slims down panel to two firms

Building materials supplier Wolseley has revamped its UK legal panel, retaining only Addleshaw Goddard and Eversheds for all its legal needs. Birmingham firm BPE Solicitors, Burges Salmon and Norton Rose – which previously carried out real estate, regional and employment work respectively – have been dropped. Wolseley general counsel Richard Shoylekov, who worked with UK […]

Osborne Clarke makes nine redundant

Osborne Clarke is to make eight fee earners and one member of support staff redundant. It comes as the firm reported a five per cent dip in revenues to £44.2m from £46.4m at the half-year point. The Bristol headquartered firm said these numbers were “better than expected” given the fall off in deal volumes valued […]

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