Bakers moscow and london act on KBC buy

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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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Google search brings up no results

This one is going out to Derek Scriven, who joined Google’s growing in-house team from Goldman Sachs. What Scriven will be doing at Google, who he reports to, even his start date, is top secret. Google refused to give out any details whatsoever. This is all thanks to head office policy. No information outside a […]

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Blair forced to launch inquiry into miners’ compensation scandal

The Government has been pressurised into launching an investigation into law firms allegedly exploiting sick miners under the coalminers’ compensation scheme. Labour peer Lord Lofthouse of Pontefract’s final report on the conduct of firms handling claims under the compensation scheme lambasts them as “greedy lawyers” and has led to a Government inquiry. In his report, […]

Too little too late? Slaughters plays catch-up in the private equity race

True to form, Slaughter and May is king of the boardroom this quarter. The firm is advising Alliance Boots on the £11.1bn management buyout backed by Kohlberg Kravis Roberts (KKR); MyTravel on its merger with Thomas Cook; and it started 2007 with a bang, advising Corus. No wonder average profit per equity partner (PEP) is […]

Travers takes MBO role for promethean

Travers Smith has closed its third deal for private equity firm Promethean Investments, which was set up by Lovells just over a year ago. The fund has bought a 30 per cent stake in the Enterprise Group’s management buyout (MBO), amounting to £8.5m, under the advice of Travers Smith corporate partner Paul Dolman, senior corporate […]

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Herbies makes moves to boost Dubai

Herbert Smith is strengthening its Middle East presence with one partner transferring from Paris and another two set to move across in the summer. The firm opened its Dubai office under former Norton Rose partners Nadim Khan and Zubair Mir in March. While their focus is on finance, the firm has moved Paris-based international projects […]

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