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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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News in brief

A round up of stories from the UK and around the world

Maxwell Batley acts on Hermes acquisition

Maxwell Batley has advised investment manager Hermes on the sale of Thatcham Business Village, Berkshire, to property investment group Good Harvest.The relationship goes back to Hermes’ previous incarnation as Postel, the in-house manager of the UK’s unified Post Office pension plan and manager for the BT pension fund after its privatisation in 1983. It changed […]

Mansell ditches Masons for regional firm

City-based construction specialist Masons has lost out to Nottingham firm Freethcartwright, which has been appointed to act as national construction company Mansell’s primary adviser. Masons was previously Mansell’s main adviser, and the result is likely to come as a blow, although the company will remain a client of the firm.The work is a coup for […]

ABN Amro hire boosts in-house legal in Asia

ABN AMRO has boosted its in-house derivatives capacity in Asia with the hire of Tony Corcoran as regional counsel with responsibility for lending operations and derivatives throughout North East and South East Asia.

Gordon Dadds (Michael Jepson, Ben Crichton) advised the management of WT Foods

on a £128.5m buyout and refinancing of the company. Ashurst Morris Crisp (Robert Ogilvy Watson, David Carter) advised acquiring company WT Tiger Three and Bridgepoint Capital, which will control 82.55 per cent of the shares. Allen & Overy advised Rabobank International Leveraged Finance, which will provide £79.2m of debt finance on completion. Hammond Suddards Edge […]

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