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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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Gate expectations: Adil Hussain, Gatehouse Bank

Gatehouse Bank legal head Adil Hussain has big ambitions – both for the fledgling bank and for Islamic finance. Tom Phillips reports. Full of ambition, Gatehouse Bank is the ­latest Islamic bank to open in London. Owned by Kuwaiti investment company Securities House, Gatehouse was granted its licence to operate in the UK by the […]

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India’s Trilegal makes key projects hire

Allen & Overy’s Indian best friend Trilegal has poached a leading projects partner and team of four associates from Indian firm Hemant Sahai Associates. Allen & Overy’s (A&O) Indian best friend Trilegal has poached a leading projects partner and team of four associates from Indian firm Hemant Sahai Associates. Partner Sitesh Mukherjee, whose practice focuses […]

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Freshfields leads on British Land rights issue

Freshfields Bruckhaus Deringer has cemented its relationship with British Land by acting on the group’s £740m rights issue. The company said the issue would firm up its balance sheet but the move sent share prices in the property sector tumbling. Freshfields corporate partners Julian Long and Sarah Murphy led the team, while Linklaters corporate partner […]

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Mercedes panel review forces firms to explain bills

Mercedes Benz put costs at the heart of its recent panel review, with the firms winning a place on the roster expected to justify their expenses on a regular basis. Nabarro and Wragge & Co won the only two places on the panel following a beauty parade of 11 firms that saw Pinsent Masons and […]

Clifford Chance, Linklaters lead on Rio Tinto deal

Clifford Chance, Linklaters lead on Rio Tinto deal” />Clifford Chance and Linklaters have taken lead roles in the Chinese government’s $19.5bn (£13.5bn) cash injection into mining group Rio Tinto. Rio Tinto, advised by Linklaters, raised the money by selling stakes in its mines and issuing convertible bonds to Chinalco, the state-owned Chinese group. When the […]

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