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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 […]

Recommended

Istanbul set to become international arbitration centre

Establishment of a globally renowned arbitration centre in Istanbul has long been discussed. There is concern over the lack of such an institution despite the increasing use of arbitration as an alternative dispute resolution mechanism in Turkey. The idea of establishing an international arbitration centre in Istanbul was first officially mooted in the Strategy and […]

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You have to be good to worry about fee rates

Mid-market firms fret about their image, while the elite focus on pricing Nobody can quite agree on what ‘brand’ actually means, but everyone knows it is important. Indeed, research into leading law firms’ business challenges shows  the mid-market is nervous about it. A survey of 313 partners, finance bods and business development directors at The […]

Receiver entitled to remuneration as officer of the court

The Court of Appeal has found that a receiver appointed under the Criminal Justice Act (CJA) 1988, but discharged in 2006, was still entitled to be recover sums from the receivership assets as ‘he continues to be an officer of the court [and subject to the supervision of the court] to the extent that he […]

The Gym

New clients for Addleshaws and Hogan Lovells on £50m Gym deal

Addleshaw Goddard, Eversheds, Hogan Lovells and Travers Smith have advised on Phoenix Equity Partners’ £50m investment in low-cost gym operator The Gym. The business was previously owned by Bridge Ventures, which first invested in the company in 2007 and has retained a 25 per cent shareholding. Phoenix has acquired a 55 per cent equity stake […]

Courting costs control

When the Master of the Rolls (MR) Lord Dyson convened a special Court of Appeal judicial bench to hear appeals relating to the Jackson reforms, it was clear that the reform program would not go ahead unchallenged (29 May 2013). Last week (14 June) the Technology and Construction Court (TCC) in Leeds delivered a significant […]

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