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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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Asset rejig may solve trust funds' discount problem

Cameron McKenna is advising a trust fund on a pioneering restructuring that could show the way for all the other funds in the country plagued by the problem of trading at a discount to net asset value. First Ireland Investment Company shares are worth around £60m on the London and Irish stock exchanges, 10 per […]

Rakisons loses out on Ecuador contract

Ten-partner City telecoms practice Rakisons has missed the chance to advise the Ecuadorean government on privatising its telecoms operator because it could not get its detailed submission in on time. The firm was shortlisted to advise on the the privatisation of Ecuadorean state telecom operator Emetel alongside four US international giants – O’Melveny & Myers, […]

Dibbs leads the way with major IT outsourcing deal

DIBB Lupton Alsop has taken a rare decision to outsource a major part of its IT in a move which consultants have said could spark a new trend. The firm’s Bradford office is to outsource part of its technology requirements for its debt management and recovery systems to Integris, the global outsourcing and systems integration […]

In brief: Law Society extends applicant deadline

The Law Society is to extend the deadline for applicants for the international seat on its ruling council following complaints from the City of London Law Society that larger City firms did not have enough time to identify interested partners. Anthony Pugh-Thomas, City of London Law Society president, said he was “slightly miffed” that the […]

Solicitor is reprimanded for poaching

The Solicitors Disciplinary Tribunal has severely reprimanded an East London solicitor who breached an injunction and poached clients from his old firm, saying that the case should sound a warning for all advocates. The tribunal heard last week that Daniel Jerome, a solicitor at Bow firm Wallace Bogan & Co, agreed to bide by an […]

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