Mishcons celebrates double property coup

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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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Nauta rejects lockstep overhaul

Leading Dutch firm Nauta Dutilh has backed away from plans to introduce a bonus for its equity partners. The firm’s partners voted against the proposals at its annual partnership conference last week. Managing partner Marc Blom said the question had been whether lockstep or a system with a merit element was best for the firm. […]

Gide misses out on airports privatisation

Cleary Gottlieb Steen & Hamilton, Darrois Villey Maillot Brochier and Linklaters have scooped the lead roles on the partial privatisation of the French state-owned airport operator Aéroports de Paris (ADP). But in stark contrast to recent French privatisations, there is no role for Gide Loyrette Nouel this time around. Cleary Gottlieb partner Andrew Bernstein is […]

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CC, Sullivan and W&C take on Eurotunnel restructuring

A trio of firms have secured the mandate to advise Goldman Sachs and Macquarie on the ongoing Eurotunnel restructuring. Clifford Chance and Sullivan & Cromwell have been instructed to advise the banks, which are hoping to finance a deal to slash Eurotunnel’s debt from £6.2bn to £2.9bn. The Goldman and Macquarie proposal was unveiled by […]

Bar Council, Law Society work on Anglo-Chinese relations

Meanwhile, the Law Society and Bar Council have been working hard in an attempt to open up further the Chinese legal market to UK firms. Law Society president Kevin Martin and Bar Council chairman Stephen Hockman QC recently spent 10 days in Beijing and Shanghai, meeting Chinese officials to promote opportunities for cooperation between the […]

Encouraging diversity awareness

Setting up diversity training and awareness sessions for partners and staff was one of the first issues addressed by the inclusivity group at Herbert Smith following its formation in 2004. Our initial enthusiasm was tempered by a confusing array of external advice on the issue, ranging from ‘essential’ to ‘a waste of time’ and ‘a […]

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