Calpine Corporation buys Saltend, one of the UK's largest natural gas fired power plants, from Entergy for £560m.

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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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Honeywell uses Kirkland for GE battle

Honeywell has switched allegiances from Skadden Arps Slate Meagher & Flom to Chicago firm Kirkland & Ellis in its ongoing battle with General Electric (GE). After the failure to get European Union competition clearance for a merger with GE, Honeywell has instructed Kirkland to advise on a possible legal case against GE, on the basis […]

Slaughters leads Harcourt clearance

Camerons gives way to magic circle firm after Simpson Thacher tip Slaughter and May has scooped a victory for US publisher Harcourt General before the Competition Commission after being drafted in by US firm Simpson Thacher & Bartlett.The £3.2bn acquisition of Harcourt by Anglo-Dutch rival Reed Elsevier was referred to the commission in February. After […]

Camerons fees exceed expectations

CMS Cameron McKenna has more than doubled its predicted growth as turnover rose by 19 per cent last year. Managing partner Dick Tyler said that the firm had budgeted for a 9 per cent increase but gross fees rose to £162m from £136m.The firm had a buoyant year across all practice groups and the international […]

Treat me right

Skandia Life head of legal Ken Morrison won’t take any sloppiness from laws firms. Fiona Callister talks to a man for whom impeccable customer service is a given Skandia Life’s head of legal Ken Morrison is getting tough. Not only with his own company (of which more later), but also with external law firms. To […]

A&O's Verbeke probed over client's accounts

Allen & Overy stands by senior Belgian partner put ‘under suspicion’after raids on bankrupt client Allen & Overy (A&O) partner Louis Verbeke and his former firm have been placed under suspicion by the judge leading the inquiry into stock fraud at his former client, technology company Lernout & Hauspie (L&W).The news follows a raid by […]

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