Cap in hand

Freshfields and Fox Williams are fighting to limit directors’ liability. Jon Robins dissects the biggest issue in corporate governance today

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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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Eversheds and Wragges wrap up takeover of Mentmore

Eversheds and Wragge & Co have concluded the long-running takeover saga involving self-storage group Mentmore, which was finally sold last week to the Bridgepoint Capital-owned Safestore. Long-time Eversheds client Mentmore, which was purchased for £209m, had been up for grabs since late last year after a national newspaper reported that private equity house Terra Firma […]

Barclays hires for African law team

Barclays has taken on three new lawyers in South Africa and Botswana as a result of a reorganisation of the bank’s legal system in the region, which takes effect on 1 May. The hires will give the bank its first African legal counsel in Botswana with the arrival of Ludo Tema, while in South Africa […]

Heller Ehrman boosts Asia with management shake-up

Heller Ehrman White & McAuliffe has implemented a top-level reorganisation of its Asian practice, naming a new leader for the region. Former head of the firm’s Singapore office Richard Cassin has been appointed as regional administrative shareholder of the Asian practice while Carson Wen and Simon Luk have been named as chairs of the China […]

Olswang scoops first instruction from Viatel

Olswang has done its first deal for Viatel. The firm has just completed a $52m (£29.2m) financing for Viatel in a deal which has been heralded as evidence of the final return of investor confidence to the telecoms sector. Viatel has previously instructed Olswang’s technology rival Bird & Bird on UK corporate and commercial work, […]

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