New Montenegrin law seeks to modernise the tourism and hospitality industry

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In the second half of 2017 both Austria and Germany introduced transaction value based thresholds as alternatives to purely turnover based thresholds that trigger the obligation to obtain merger control approval. The Austrian test pursuant to section 9 (4) Austrian Cartel Act (“ACA”) requires, amongst others, the consideration for a transaction to exceed EUR 200 […]

Danube port legislation: building a bridge across various jurisdictions

The Danube is the longest river in Central Europe, and thus has significant economic potential. However, the full potential of the Danube as a major transport route has not yet been exploited. A reason for this is the fact that the Danube crosses ten countries, and there are, as a result, ten different applicable port […]

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Kicking off our series on efficiency in arbitration, our first article, Efficient Arbitration – Part 1: Metrics sets out our idea of an efficient arbitration: Achieving the best possible outcome with the least amount of resources. A range of tools are available to focus the spending of resources. Resources should be invested, not wasted. The selection of […]

Hungary: Introducing the managing director without representation rights

Hungarian law has always permitted shareholders of a company to limit the power of the company’s managing director(s). Thus, it has also been allowed to appoint a managing director without any right to represent the company. However, so far, the limitation on the representation rights of a managing director could not be registered in the […]

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Society is undergoing a new industrial revolution – with the global development of the Internet, life has changed radically in just a few decades, and legislation can barely keep up with adapting to a situation that was previously unimaginable. The Hungarian Competition Authority (HCA) has also been monitoring developments and it has not been afraid […]

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By David Isaacson TLT’s monthly law update on all things affecting social housing Highlights this month include: The EU (Withdrawal) Bill receives Royal Assent Chair appointed to lead independent review into planning appeal inquiries Registered Social Landlords Bill gains Royal Assent Government announces it will fully fund unsafe cladding removal in social housing New powers […]

Industrial strategy: government proposals to use IP to stimulate innovation

By Jo Pritchard The government has recently published the outcome of its consultation on maximising the incentives of the IP (intellectual property) system to stimulate collaborative innovation and licensing opportunities. The call for views was one of a number of initiatives on IP announced by the government as part of its Industrial Strategy in November 2017.   Views […]

Express duty of good faith: rescuing drafting deficiencies

By Susan Honeyands The High Court has recently held that an obligation to act in good faith was breached when a company managing referrals to physiotherapy clinics used the other party’s information to set up a rival business. The case is interesting because the express good faith clause rescued other drafting deficiencies, in particular, the […]

Are your bribery procedures accurate? Learnings from a recent case

By Adrian Mansbridge The recent decision in R v Skansen Interiors Ltd is the first time the adequate procedures defence has been mounted in a contested trial and highlights how far you must go to demonstrate reasonable procedures to prevent tax evasion/bribery

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By Katherine Evans An applicant was not entitled to a refund of a planning fee where it had agreed with the local planning authority (LPA) that the period for determining the application was to be extended, and the LPA failed to determine the application within the extended period. That was the decision of the High […]

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