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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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Trowers scoops Etihad IPO after financing breaks Islamic records

Trowers & Hamlins is advising new client Etihad Etisalat on its Saudi Arabian initial public offering (IPO), just weeks after completing the world’s largest Islamic financing to date on behalf of the telecoms consortium. The firm first advised Etihad Etisalat, comprised of United Arab Emirates-based Etisalat Telecommunications Company and six Saudi companies, earlier this year […]

Cobbetts public sector first scoops councils quartet

Cobbetts has won a unique role as the preferred legal supplier to four northern councils. Bury, Rochdale, Oldham and Stockport Councils have entered into a joint legal services partnership – believed to be the first of its kind in the UK public sector. Cobbetts will advise the four councils across all practice areas, while the […]

Baker & McKenzie suffers exodus of six German partners to US firms

Baker & McKenzie’s (B&M) German practice has lost six t partners to US rivals, including finance head Rainer Magold. According to Germany’s Juve magazine, rated acquisition finance lawyer Magold and rising banking star Christina Ungeheuer have joined Milbank Tweed Hadley & McLoy, for which they will open a Frankfurt office. Milbank opened its first German […]

Norr energises with hire of RWE chairman

German law firm Nörr Stiefenhofer Lutz has beefed up its energy law practice with the appointment of the chairman of German energy providerRWE Westfalen-Weser-Ems AG to the firm. Dr Wolfgang Kässer will join Nörr Stiefenhofer Lutz on 1 January, concentrating on new energy legislation on unbundling, pricing, transmission and emission trading. He will work alongside […]

Opinion

There is no cure-all for the pensions crisis, but giving the employer control is a positive step The recent Turner Report emphasised the scale of the pensions crisis in the UK. The report was just an interim one but it contained a clear pointer on the way to overcome the crisis. It indicates the need […]

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