Withers withered

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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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Careers: in brief

Wrexham’s largest law firm, Gwilym Hughes & Partners, has been recognised for its expertise in child law. Head of the family law department John Lancaster has been a member of the Law Society-accredited panel for child law for 10 years. He has now been selected as a children’s representative, allowing him to represent not only […]

Mystery man in mysterious van

Last week’s front page story about Lovells’ half-year performance may have sent a shudder down the spines of its partners, but rumours that one has taken up residence outside the firm in a van in order to bill more are believed to be exaggerated. Nevertheless, reports reach Tulkinghorn that there is indeed a mysterious individual […]

Addleshaws predicts £400K PEP for 2004-05

Addleshaw Goddard is predicting an average profit per equity partner (PEP) of £400,000 after the firm posted a 13 per cent increase in turnover in the first half of the year. During the last full financial year, Addleshaws’ PEP after exceptional merger costs was £302,000 (the PEP before exceptional costs stood at £321,000). As first […]

CC, Linklaters on first CLO of PFI loans for Depfa Bank

Clifford Chance and Linklaters have worked on the £391.7m collateralised loan obligation (CLO) of PFI loans – the first ever synthetic risk transfer within that asset class, which will boost the growing secondary PFI market. The securitisation comprises 24 PFI loans made by Depfa Bank across a number of sectors, including schools, hospitals, roads, police […]

Wragges partners give way to profits

Birmingham giant Wragge & Co has become the latest firm to resort to managing out partners in a bid to bolster profits, The Lawyer can reveal. The programme has so far resulted in six partners exiting the 117-partner firm since the start of the current financial year. However, it is understood that, by April 2005, at […]

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