The risks of implied terms

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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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London partner to boost venture capital practice

Shoosmiths has expanded its Venture Capital (VC) offering with the appointment of corporate partner Steve Barnett to its London office, from international law firm Orrick. Specialising in venture capital work, Steve advises high-tech and fast growth companies at all stages of their development, from seed, angel and VC financings through to exit. He also regularly […]

Bär & Karrer advises Novartis on the guaranteed notes placement

Novartis Finance has completed the placement of €1.25bn Guaranteed Notes due 2021 and €600m Guaranteed Notes due 2027. Barclays Bank PLC, BNP Paribas and Deutsche Bank AG, London Branch acted as Joint Lead Managers and HSBC Bank plc, Société Générale and The Royal Bank of Scotland plc (trading as NatWest Markets) as Co-Managers. Bär & Karrer acted […]

Khaitan acts for India on MOIL shares sale

Khaitan & Co acted as the domestic legal counsel to the Government of India in relation to the offer for sale of equity shares of MOIL Limited representing 10% of its paid-up share capital for $72m. The core transaction team included Sharad Vaid (Partner), Shilpi Jain, (Counsel), and Hirak Mukhopadhyay (Associate). The deal team also […]

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