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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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International arbitration needs coordination

The international arbitration market is booming. It offers a highly effective means of resolving cross-border disputes away from litigation in national courts. Effective dispute resolution is important to the risk assessment and investment appraisal of a transaction. If litigating in another country will entail high costs, delays and an unpredictable process, leading to a ‘bad’ […]

Gianni takes no prisoners as firm lays plans for 2015

Francesco Gianni, the talismanic head of Italian independent Gianni Origoni Grippo & Partners, is used to making tough decisions. He is unrepentant about losing eight partners this year following a huge overhaul of the firm’s strategy. He says: “When you change a system, create a revolution, there are people who are happy and people who […]

White-collar crime

Travelling internationally? Planning on doing a bit of document mark-up on your way? Don’t take a Herbert Smith pen – they explode. Yes, the exploding pen is the latest must-have accessory for Herbert Smith lawyers, or any guests foolish enough to pick one up from the conference room. A Herbert Smith Asia partner related to […]

Celebrity libel actions double in a year

Celebrity libel actions have more than doubled during the last year as the English courts have witnessed a dramatic increase in the total number of defamation cases. There were 20 celebrity libel cases in the courts in the 2005-06 financial year, compared to just nine the previous year, according to legal information providers Sweet & […]

Lovells hangs on to Terra Firma with landmark securitisation

Lovells has maintained its relationship with private equity house Terra Firma to advise on a landmark securitisation, even though the firm lost the original partner on the deal to Clifford Chance. A Lovells team consisting of London and German lawyers acted for Terra Firma on a E5.4bn (£3.69bn) commercial mortgage-backed securitisation (CMBS), the biggest deal […]

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