The big PEP row: why profit does matter

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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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Dentons
16

Dentons escalates PEP row: ‘no two firms are the same, so cannot be compared’

Dentons has ramped up its war of words with the media and industry analysts over financial transparency. The firm has responded to critical questioning in the American Lawyer over its decision to stop reporting average profit per equity partner (PEP). The magazine’s article, “In Defense of PPP”, referred to Dentons’ move, which the firm defended as […]

Manchester
6

Slater & Gordon takes on Manchester HQ and re-jigs UK management

Slater & Gordon (S&G) has confirmed a UK management re-jig and taken on 105,000 sq ft of office space in Manchester. The Australian-listed firm has secured seven floors of 58 Mosley Street Manchester, where it will bring legacy Pannone, Fentons and its pre-existing Manchester staff under one roof for the first time since the 2012/13 […]

Eversheds joins forces with Knight Turner and announces new office in Durban, South Africa

Eversheds continues to expand its operations in Africa by joining forces with leading Durban-based law firm Knight Turner. The affiliation will see the independent Durban firm re-brand as Eversheds KZN with a dramatically expanded scope and reach of its product offering, while retaining its reputation for personalised service. The move follows the formation of Eversheds’ Pan-African strategy, […]

DLA Piper opens flagship Sydney office at No.1 Martin Place

DLA Piper’s Sydney office has officially relocated from 201 Elizabeth Street to new premises at No.1 Martin Place in Sydney’s business and financial community.  Following one of the largest leasing transactions in the Sydney CBD last year, DLA Piper now occupies four floors in the landmark high-rise building, which is owned by No.1 Martin Place Trust and the Charter Hall […]

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