Michelle Duncan

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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

Management Buyout

SJ Berwin advised F&C Ventures on its £6.3m investment on the management buyout of hardware reseller Equanet. Lloyds TSB Commercial Finance provided £4m worth of additional debt facilities. SJ Berwin private equity senior assistant Raymond McKeeve led a team of six on the deal. Taylor Joynson Garrett acted for Equanet while Gouldens represented Lloyds TSB.

CC nabs Norton Rose corporate partner

Clifford Chance has poached a partner from Norton Rose, driving another nail into the coffin of the gentleman’s agreement which controlled competition for partners between the eight large City law firms. Keith Hyman will join Clifford Chance’s 35-partner corporate finance group. Hyman says: “I understand that I am the first corporate finance partner to move […]

Crackdown

Firms see the Office of Fair Trading’s investigation into the accounting and legal sectors as a hammer being used to crack a nut, but the inquiry could have far-reaching effects. Dominic Egan reports. The news that the Office of Fair Trading (OFT) is to probe restrictive practices in the accountancy and legal professions was met […]

Ince & Co appoints new senior partner

Shipping and insurance specialist Ince & Co has appointed a new senior partner as the firm sees the departure of three other partners. Peter Rogan takes the helm of the firm on 1 May, taking over from Richard Sayer, who has been senior partner for five years. Rogan’s promotion coincides with the news that three […]

Share Trading

Cleary Gottlieb Steen & Hamilton represented Goldman Sachs Equity Securities (UK) and Deustche Bank London on the £3.2bn block trade of shares of Vodafone AirTouch. Clearys corporate partners Sebastian Sperber and Edward Greene led a team of four on the deal. Dewey Ballantine acted for Vodafone AirTouch.

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