Allen & Overy advises Nationwide Building Society on core capital deferred shares

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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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Bird & Bird projects 5 per cent revenue rise at half-year

Bird & Bird has projected revenue growth of five per cent for the first six months of the current financial year. The percentage rise is calculated in euros, the firm’s reporting currency, and mirrors its year-end financial results for 2012/13, when turnover rose 6 per cent from £235m to £249m. Calculated in sterling, half-year revenue […]

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Young v Young: How not to litigate

The Young divorce case raises serious questions for big money family battles There was an enormous amount of press speculation and excitement leading up to the final hearing of Michelle Young’s financial claims against her former husband, Scot. To a very large extent, that excitement was not fulfilled.     For Mr and Mrs Young, the legal […]

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Canal & River Trust promotes head of legal to new GC role

The Canal & River Trust has appointed its first general counsel, after its legal and corporate services director Nigel Johnson announced plans to retire. He will be replaced by the Trust’s current head of legal, Jackie Lewis. Having joined British Waterways in 2001 and being promoted into the head of legal role in 2007, she […]

Conyers provides British Virgin Islands advice to Atlantis on syndicated loan

Conyers Dill & Pearman has provided BVI advice to Atlantis The Palm and Atlantis The Palm Holding Company on an $880m (£540m) syndicated loan. Banks involved in providing the loan include Barclays, HSBC, Abu Dhabi Commercial Bank, National Bank of Abu Dhabi, Commercial Bank of Dubai, Union National Bank and Emirates NBD. Audrey Robertson and […]

No5 Chambers’ Martin Kingston advises on housing project in Burton

Nurton Developments has been granted outline planning permission for ‘Branston Locks’, a new community in Burton. Martin Kingston QC of No5 Chambers advised on the project, which will create 2,850 new homes on 50 acres of land designed to generate up to 3,000 jobs over the next 10 years. It will also include a primary school, […]

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