Slaughter and May eyes Asia growth

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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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Shoosmiths appoints senior associate Brian Hession to real-estate team

Shoosmiths has grown its real-estate team in Birmingham with the appointment of senior associate Brian Hession. Hession is a commercial property specialist, with particular expertise in commercial and mixed-use property development, investment, funding and leasing. He joins from Davies & Partners, a niche commercial property firm based in Gloucester where he was head of commercial […]

Eversheds launches Pathway pension service with Aon Hewitt

Eversheds has announced the launch of Pathway: a service for pension schemes wishing to carry out a buy-in or buyout, which was developed in collaboration with global talent, retirement and health solutions business Aon Hewitt. The firm said that Pathway offers a complete solution, including pre-negotiated contract terms with insurers that reduce uncertainty and speed […]

Moscow

Shearman secures record $50bn arbitration award against Russia

Shearman & Sterling has secured the largest award ever handed out by an arbitration tribunal, with the Russian Federation asked to pay out $50bn (£29.bn) in damages to shareholders of oil company Yukos. The award, rendered on 18 July in the Hague, also sees Russia ordered to pay $60m in legal fees after a decade […]

No5 Chambers’ Jeremy Wright MP is appointed attorney-general

No5 Chambers has announced that associate tenant Jeremy Wright MP has been appointed to the post of attorney-general.   Wright, who represents the constituency of Kenilworth and Southam, was called to the Bar in 1996 and took associate tenancy at No5 Chambers in 1997. His specialism is criminal law, both prosecution and defence.  Wright was sworn […]

Hong Kong

OC set to launch in Asia following raid on Bird & Bird’s Hong Kong base

Osborne Clarke is set to extend its presence into Hong Kong, with the hire of a prominent team from Bird & Bird. Marcus Vass, who heads up Bird & Bird’s communications, media and technology group in Asia, has been lined up to join Osborne Clarke alongside corporate partner John Koh and a number of associates.  […]

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