Austria: Mining cryptocurrencies as a permanent establishment

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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…

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 […]

What the Financial Collateral Act in Serbia brings to the table

The Serbian Parliament adopted the Financial Collateral Act (“FCA“) on 8 June 2018 (published in the Official Gazette of the Republic of Serbia, no. 44/2018). The FCA bill was proposed by the Serbian Central Bank (National Bank of Serbia, “NBS“) on 22 May 2018 and the FCA will apply as of 1 January 2019. Financial contracts which have not been enforced by […]

Beware: not only 25 May but also 9 June has passed

It seems not only companies but also many Member States were so busy preparing for the GDPR that they lost sight of the Trade Secrets Directive that should have been transposed into national laws by 9 June. That’s regrettable, because it is important legislation between “privacy”, unfair competition and IP, establishing a modern and for […]

ECJ latest Facebook ruling makes waves: Impact under the GDPR?

In its decision C-210/16 of 5 June 2018, the European Court of Justice (ECJ) ruled on a dispute between a German academic institution and a German data protection authority. The institution operated a fan page on Facebook and collected user data via cookies, which were placed by means of a function called “Facebook Insights”. The purpose of […]

Latest Briefings

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 […]

Ireland: Proposed amendments to the Parental Leave Bill

The Parental Leave (Amendment) Bill 2017, which extends the applicability and duration of parental leave, was passed by the Dail yesterday. The Bill will now proceed to the Seanad where it must be passed before it is signed into law by the President. If enacted, the legislation will come into operation three months after its […]

Employment Briefing – June 2018

This month’s newsletter covers: Gender pay gap reporting – are you on track for next year’s report? Proposals to enhance workplace rights for fathers EHRC highlights deficient workplace protections against sexual harassment Changes to taxation of termination payments Employers who engage contractors – Be aware of new corporate criminal offences for failing to prevent facilitation […]

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No5 hosts Latin American Lawyers for Rule of Law seminar

No5 Barristers’ Chambers was selected by the Bar Council to provide a seminar explaining the Rule of Law, and in particular the systems for the protection of civil liberties and human rights in use in the United Kingdom. As part of an international programme of exchanges, forging links between the UK Bar and foreign lawyers across the […]

Walder Wyss advises Burkard family on sale of Schenker-Winkler shares

On May 11, 2018, the Burkard family sold all shares of Schenker-Winkler Holding AG (SWH) to Compagnie de Saint-Gobain (Saint-Gobain) for a purchase price of CHF 3.22 billion. The purchase price of CHF 3.22 billion reflects an increase of more than CHF 500 million from the purchase price agreed on December 5, 2014, between the […]

TLT advises ExamWorks UK on Kindertons acquisition

TLT has advised ExamWorks UK, a leading provider of medical report and rehabilitation services, on a multi-million pound acquisition (subject to regulatory approval) of the Kindertons Group, a market leader in the accident management and mobility segment. ExamWorks UK is part of the global ExamWorks family of companies, a market leading provider of independent medical […]

Walder Wyss acts for Tamedia on purchase of Basler Zeitung shares

Media group Tamedia purchases 100 percent of the shares in Basler Zeitung AG and is thereby taking over the «Basler Zeitung». In return Tamedia group sells its interests of 65 percent in the «Tagblatt der Stadt Zürich» to Zeitungshaus AG. Tamedia group also sells the free newspapers Furttaler» and «Rümlanger» (currently both 100 percent owned […]

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