Financings

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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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Perrin's View

Friday, midday. I’m entertaining clients at The Ivy. I’m wearing a dark blue cashmere gilet, silk blend chinos by Ralph Lauren, taupe pashmina socks, a hand-stitched alligator belt… but not really. This is London. It’s Wednesday, I’m sitting at my desk and what I’m really wearing, in common with every other lawyer this side of […]

Newcastle 12 to form 'superset'

Mass defections from a Newcastle set of barristers are forcing the closure of Westgate Chambers to create the biggest set in the North Eastern circuit. Twelve barristers are due to leave Westgate Chambers on 4 February to join Broad Chare Chambers. The latter will then have 46 barristers including three silks. Broad Chare’s head of […]

Financings

Norton Rose advised HSBC Investment Bank on a one for four rights issue by Minerva to raise £71m. The funds will allow Minerva to finance the proposed £101.4m purchase of The Criterion in London. The rights issue was fully underwritten by HSBC

Law Soc asks City lawyers for input on conflict regulations

City lawyers have for the first time been asked by the Law Society to suggest their own set of rules – before the rest of the profession is consulted. The City of London Law Society is producing draft conflict of interest rules as part of a nationwide review of regulations. Their suggestions will then be […]

O'Melveny London chief goes Dutch

Christopher Hall, head of the London office of US firm O’Melveny & Myers, has left to become executive vice-president and general counsel of Dutch telecoms company KPNQwest. O’Melveny learned of Hall’s decision early this month and Hall took up his new post on 17 January. He will be responsible for KPNQwest’s legal, financial and regulatory […]

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