Addleshaws hires Abramovich litigator from Skadden

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Latest Briefings

Bulgaria: CPC deems minimum hotel accommodation prices anti-competitive

The Ministry of Tourism recently proposed the introduction of minimum prices for sites categorised as ‘accommodation places’. In Decision 529/10.05.2018, the Commission for Protection of Competition (CPC) opined on the proposal’s compliance with competition rules. The CPC held that setting minimum prices for accommodation places would limit price competition between hotels. Minimum prices cannot guarantee…

Social housing monthly law update – June 2018

This month’s TLT’s law update on all things affecting social housing includes: Automatic disqualification rule changes: Charity Commission declarations GDPR enforcement and penalties: What you need to know Dress codes in the workplace: New government guidance Government announces it will fully fund unsafe cladding removal in social housing Viability argument for 10% affordable housing fails…

From footfall to clicks – experts talk retail risk

By Gary Assim and Sarah Teal Poundworld has entered administration, and just before that it was announced that House of Fraser would be closing 31 stores, many of which are in some of the UK’s largest cities. It is no secret that many retailers have been adversely affected by the shopping habits of consumers, ever […]

Austria: The time has come – Federal Procurement Act 2018 just around the corner

More than four years after the entry into force of the new EU Public Procurement Directive (2014/24/EU), more than two years after the deadline for transposition and more than one year after publication of the first transposition draft, the time has come. Following the respective resolutions of the Council of Ministers and the Federal Council […]

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Prime minister Viktor Orban
2

Hungary: Toughing it out

Many foreign investors are keeping faith with Hungary despite EU concern over recent regulatory reforms Since the 2010 election Hungary’s coalition government of the right-wing Fidesz and the Christian Democrats has served up a legislative feast. In three years the government has forced through about 600 laws to reform and take control of the media, […]

DLA Piper obtains second favourable opinion on behalf of K-Sea Transportation Partners

DLA Piper successfully obtained a second favourable opinion earlier this month on behalf of K-Sea Transportation Partners, dismissing claims against the independent directors of the oil barge operator. The actions arose from K-Sea’s announcement of a merger with Kirby Corporation in 2011, which spawned a class action suit in Delaware alleging breaches of contract and […]

London

Speechly Bircham revenue holds still as PEP falls by 2.3 per cent

Speechly Bircham saw a slight growth in net profit but a similar drop in turnover and PEP in 2012/13, the firm’s financial results have revealed, after a year characterised by a number of departures, lateral hires and the failure of merger talks with Withers. The firm’s turnover dropped very slightly to £57.5m last year, from […]

SJ Berwin picks McKinsey accountant as first-ever COO

SJ Berwin has turned to management consultancy giant McKinsey & Company for the hire of its first chief operating officer (COO). Accountant Rick Baumgartner will join SJ Berwin on 9 September following a string of moves by the City firm to bring in high-level business support staff or non-executive directors over the past two years. […]

birmingham
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Shakespeares revenue shoots up after Harvey Ingram merger

Shakespeares has posted revenue of £39.6m for the financial year 2012/13, up 34 per cent from £29.6m in 2011/12 following its latest merger in September. The unaudited figures place net profit for the year at £11m and profit per equity partner (PEP) at £220,000, up 13.4 per cent on last year’s £194,000. In September, Shakespeares […]

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