Tower Snow sued for $2.7m by Brobeck trustee

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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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Chadbourne & Parke in five-partner raid on Dentons

Denton Wilde Sapte has lost five partners from its contentious insurance practice to US firm Chadbourne & Parke. Senior equity partners Chris Cardona, Adrian Mecz and Michelle George announced their departures to Dentons management before Christmas. They were joined last week by salaried partners Mark Pring and John Barlow. Dentons outgoing chief executive Virginia Glastonbury […]

Legal & General challenges FSA’s enforcement formula

Legal & General (L&G) is considering whether to press the Financial Services and Markets Tribunal to force the Financial Services Authority (FSA) to overhaul its enforcement procedures. The FSA was last week criticised by the tribunal over its handling of the mis-selling case against L&G in its judgment of the landmark case. It came just […]

Penningtons acts for Bank of India in BCCI appeal

South East firm Penningtons last week had its piece of the Bank of Credit and Commerce International (BCCI) pie as the Court of Appeal heard an offshoot of the case, which at the last count had generated more than £40m in legal fees. Lovells, advising Deloitte in its capacity as BCCI’s liquidator, faced the Bank […]

Regulators ban non-lawyer from Nauta board

Regulators have barred Dutch giant Nauta Dutilh from hiring a non-lawyer for its management board. The firm had been planning to appoint a general manager to the position, but has been prevented from doing so by the Netherlands Bar Association, which has cited a conflict of its rules. Nauta plans to get around this bureaucratic […]

Simmons set for management rejig

Simmons & Simmons’ new managing partner Mark Dawkins is set to shake up the firm’s management as soon as he enters office. Dawkins aims to internationalise the firm’s executive committee, which at the moment comprises the firm’s eight practice heads, all of whom are based in London. “I want an international executive that is representative […]

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