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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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Transforming Dubai into a global centre for Islamic bonds

His Highness Sheikh Mohammad Bin Rashid Al Maktoum recently launched an initiative to transform Dubai into, among other things, a global centre for Islamic bonds (sukuk). The initiative, called “Transforming Dubai into a Global Centre for Islamic Bonds”, primarily aims at making Dubai the world capital of the sukuk market, hence potentially also transforming Dubai […]

Allen & Overy advises SINOPEC Engineering on IPO offering

Allen & Overy is advising SINOPEC Engineering (Group) Co Ltd (‘SINOPEC Engineering’) on its (approximately) $2bn initial public offering (IPO) and listing on the Hong Kong Stock Exchange, Hong Kong’s largest IPO so far in 2012. SINOPEC Engineering, a subsidiary of SINOPEC Group, is an oil refining, petrochemical and new coal chemical engineering company in […]

Incentives system for green energy finally defined by law

The Republic of Srpska National Assembly adopted the Law on Renewable Energy and Efficient Co-generation on 25 April 2013. This is the first time in the Republic of Srpska that a law regulates planning and incentives for the production and consumption of energy from renewable sources and efficient co-generation, as well as incentives for the […]

Qatar
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Bell Capital GC quits for Qatar Investment Authority

Bell Capital general counsel Tom Bartos has left the role for an M&A position at the Qatar Investment Authority (QIA), the state-owned investment arm of the Gulf state. Bartos, who was the director of Barclays Capital for over seven years, left for the Doha-based role last month. The Qatari sovereign fund, estimated to hold in […]

Supreme Court

Hage Aaronson secures Supreme Court win for M&S

Hage Aaronson has secured a Supreme Court win for Marks & Spencer (M&S) after the court today ruled against HM Revenue & Customs (HMRC) in a tax battle with the retailer. The ruling comes just a day after the High Court found that M&S should be held liable for trademark infringement against Interflora (21 May […]

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