Jenkens fire sale prompts merger discussions

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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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Halliwells joins Eversheds, Addleshaws on AA roster

Eversheds, Addleshaws on AA roster” />Halliwells has snared a role on the Automobile Association’s (AA) legal panel alongside Addleshaw Goddard and Eversheds. While the AA currently operates a number of other firms dealing with consumer queries such as insurance claims, this is the first time that the AA has established a formal panel of law […]

DLA Piper advises on £715m Crest Nicholson bid

DLA Piper client Castle Bidco has agreed a £715m offer for property developer Crest Nicholson after the Takeover Panel extended its offer deadline to today. Crest Nicholson, advised by longstanding counsel Linklaters, has confirmed that it will accept an offer at 629.7 pence per share, unanimously accepted by Crest Nicholson’s board. It had previously rejected […]

Freeth Cartwright grows Manchester base

Midlands-based Freeth Cartwright has revealed an ambitious growth plan for the firm’s Manchester office. The firm has moved into new city centre offices twice the size of its previous base and aims to increase lawyer numbers from the present three to 15 within 12 months. Chairman Colin Flanagan said: “The potential for growth in Manchester […]

New York trio scoops world’s largest LBO

A New York triumvirate of Cravath Swaine & Moore, Simpson Thacher & Bartlett and Sullivan & Cromwell has landed work on what is set to be the world’s largest private equity deal. Simpson Thacher, assisted by Texan-headquartered Vinson & Elkins, is advising Kohlberg Kravis Roberts (KKR) and Texas Pacific Group (TPG) on their $44.5bn (£22.67bn) […]

Flexible working answers Vodafone’s staffing plight

Newbury-based Vodafone UK has expanded its flexible working programme for in-house lawyers as a means of coping with the drastic shortage of top-class talent. The UK company’s legal department will be able to work either in London, Newbury or from home once the global organisation, Vodafone Group, moves into the City within the next two […]

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