BTA v Ablyazov: the secret billionaire

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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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Taylor Wessing eyes £5m windfall from sale of due diligence division

Taylor Wessing is planning to spin off its in-house due diligence division in a deal that could raise £5m for the firm. The firm said it was in the early stages of demerging New Street Solutions, a document review business formed in May 2011 (20 April 2011). The Lawyer reported last year (2 May 2011) […]

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Ashfords plans London expansion through Rochman merger

Exeter firm Ashfords and Central London’s Rochman Landau have confirmed that they are in merger talks. According to the parties, the talks have reached an advanced stage with both sides expected to make a decision in the coming weeks. In a statement, Ashfords’ chairman Simon Rous said: “We’re close to agreeing terms – nothing is […]

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Slinging the axe

Employers faced with making workers redundant have several alternatives  While the UK economy may not be technically in recession, it certainly has not recovered from the global slowdown as well or quickly as was hoped. Indeed, it is still teetering on the brink. Many employers are facing the inevitability of redundancies, taking the view […]

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Turkish alight

The Turkish market’s resilience in these tough times is attracting a host of international players looking for local suitors In 11 years’ time the Republic of Turkey turns 100. And by 2023, if the country’s government has its way, Turkey will be the world’s 10th-largest economy. The strategy is ambitious. To achieve it, it is […]

Cuatrecasas reports slight revenue increase in 2011

Iberia’s Cuatrecasas Gonçalves Pereira has seen a minimal increase in turnover for the 2011 financial year, with revenue rising by just under €1m. In a press conference this morning, Cuatrecasas’s managing partner Rafael Fontana said turnover had gone up to €242.6m (£202m) from €241.7m in 2010. Fontana said the result was “very good” given the […]

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