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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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Walder Wyss advises Glarner Kantonalbank on bond placement

Glarner Kantonalbank (GLKB) has successfully placed a CHF 100 million perpetual subordinated Additional Tier 1 bond (issue date 19 March 2018). The coupon until the first call date has been fixed at 2%. Zürcher Kantonalbank and GLKB acted as joint lead managers. The bond qualifies as Additional Tier 1 capital pursuant to the Capital Adequacy […]

New technologies for business

In the shadow of Slaughter and May: how is Luminance winning clients? 

Last week, South African firm Webber Wentzel announced that it was partnering with AI platform Luminance in order to automate its M&A document review. Herein lie two households, both alike in dignity: Webber Wentzel is in alliance with Linklaters, while one of Linklaters’ biggest corporate rivals, Slaughter and May, has a 5 per cent stake […]

East & Concord advises Beijing Gas on AIIB’s first project financing in China

On March 19, Beijing Gas Group Co., Ltd. (hereinafter referred to as “Beijing Gas”) together with Asian Infrastructure Investment Bank (hereinafter referred to as “AIIB”) and China Clean Development Mechanism Fund (China Public Private Partnerships Center) (hereinafter referred to as “CDMFUND”) held a signing ceremony at the headquarters of AIIB in Beijing to launch cooperation […]

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