Sullivan & Cromwell breaks magic circle dominance in European M&A

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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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CC left behind as UniCredito turns to A&O on acquisition of Croatian bank

Allen & Overy ‘s (A&O) corporate department has scooped a major client in the form of Italy’s second-largest bank UniCredito Italiano. This is the magic circle firm’s first instruction from the Milan-listed bank, which it is advising on its acquisition of a stake in Turkey-based Yapi ve Kredi Bankasi for e2.05bn (£1.43bn). The mandate is […]

Vlaemminck makes failed appeal on behalf of fruit seller in WTO v European law status

A Belgian boutique has been battling for the rights of a banana importer in his fight for the recognition of World Trade Organisation (WTO) rulings in Europe. Philippe Vlaemminck, managing partner of six-lawyer Ghent-based Vlaemminck & Partners, has been acting on cases concerning the trade of bananas and other fresh produce for more than 15 […]

Chadbourne bolsters Moscow with new partner

Chadbourne & Parke is ramping up its Moscow presence with the hire of former Lovells partner Christopher Owen. Owen, a capital markets and M&A specialist, was the head of Lovells’ Moscow office until being replaced in the role by corporate partner Oxana Balayan in January. He joins Chadbourne as a partner. Chadbourne was among the […]

Dechert signs lease at Times Square

Dechert London has concluded its protracted search for new premises with a deal to take up offices at Times Square. The Philadelphia-based firm has signed a lease to take on 55,000sq ft at Times Square, 160 Queen Victoria Street, with an option to take additional space. The office will accommodate 280 fee-earners and support staff. […]

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