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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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Camerons salary rises keep pace with magic circle

CMS Cameron McKenna has raised its trainee and newly-qualified (NQ) salaries by an average of three per cent as it bids to keep pace with the magic circle. First year trainee solicitors will now receive £37,500, an increase of 2.7 per cent on last year’s £36,000. Second year trainee salaries rose by 3.8 per cent […]

Camerons reaches Pinnacle in e600m sale

CMS Cameron McKenna is working opposite Linklaters on the sale of major Eastern European warehouse operator Pinnacle Real Estate to Islamic investment fund Arcapita. Pinnacle,?which?is thought to manage assets worth more than e600m (£476.58m), turned to Camerons’ Central and Eastern Europe office and corporate partner Helen Rodwell, as well as real estate?partner?Hilary McDowell. Linklaters partners […]

The trouble with best friends…

The ‘best friends’ moniker that Slaughter and May uses to describe its alliance of likeminded firms has always had that cute ring of the playground about it. Only Slaughters could get away with it really.

Clifford Chance turnover up 11 per cent

Clifford Chance turnover up 11 per cent” />Clifford Chance is the first magic circle firm to announce its financial figures for the 2007-08 year, posting an 11 per cent revenue increase and 13 per cent rise in profit per equity partner (PEP). Over the course of the year the firm turned over £1.33bn, up from […]

Berwin Leighton Paisner: could do better

After its stellar performance in recent years we expected more from Berwin Leighton Paisner (BLP). While its turnover rise of 10.1 per cent rise in turnover is hardly disastrous, it represents a massive slowdown on the previous two years, when turnover grew by 16 per cent and 19 per cent. Top of the PEPs Revenue […]

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