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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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Firms in forum battle over multi-million Cyprus holiday villa claims

The English arm of a Spanish law firm is battling head-to-head with a London niche practice in a bid to act for claimants aiming to declare void holiday property mortgages they say they were hoodwinked into buying. Madrid-based Judicare is gearing up to launch the first of what could be as many as 150 claims […]

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Diversity efforts fail to pay off at top end of profession

Firms’ efforts to promote gender diversity in the profession appear to be failing, with the proportion of partners who are women falling at half of the UK top 20. Research for The Lawyer’s UK 200 shows that among the 18 firms to have provided a breakdown of the gender of their partnerships so far, the […]

Designing the shackles: draft secondary ring-fencing legislation published for consultation

Following the publication of the Financial Services (Banking Reform) Bill on 4 February 2013, the government published illustrative drafts of three statutory instruments in order to aid parliamentary scrutiny of the bill. Given that the bill is primarily an enabling bill, the draft illustrative orders were intended to provide some detail on the policy underlying […]

UK Takeover Code — changes afoot for some AIM companies

By Simon McLeod The UK Takeover Code, operated by the Takeover Panel, is the regulatory regime that governs the majority of public takeovers in the UK. The Takeover Code is an evolving document and changes occur, normally following a consultation process, fairly regularly. The last set of major changes was introduced in September 2011. These […]

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