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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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Public enterprise: local authorities vs FTSE 100

Sharing legal functions with a neighbouring authority – something 17 local councils have done so far – was a decent enough start. But it’s not enough. As budgets shrink further and privatisation of public sector services increase, local authority legal teams – including Lambeth, Buckinghamshire, Harrow and Cambridgeshire – are close to launching an ABS […]

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Skadden joins Seoul race with office launch

Skadden Arps Slate Meagher & Flom has become the latest international firm to establish a base in Seoul. Skadden’s newly opened Seoul office is the firm’s seventh in Asia pacific and 23rd worldwide. It will be led by the firm’s head of Korea practice Young Shin, a corporate partner who was previously based in its […]

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European M&A dominated by US firms in Q1 2014 as market bounces back

The European M&A market has ballooned by more than a third in the first quarter of 2014 compared to the same period last year, with US firms dominating the rankings. According to Thomson Reuters’ preliminary rankings for Q1 2014, the European market increased in value by more than 37 per cent on the first quarter […]

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Gleiss Lutz and Hengeler raided over Deutsche Bank lawsuit

German firms Gleiss Lutz and Hengeler Mueller have had offices raided by state prosecutors investigating allegations of false testimony in lawsuits brought against their client Deutsche Bank. Gleiss’s Munich offices and Hengeler’s Frankfurt offices were both raided last week. The news follows a €925m (£775m) settlement at the end of February between Deutsche Bank and […]

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CC and Freshfields act on Temasek’s strategic investment in Watson

Clifford Chance and Freshfields Bruckhaus Deringer have advised Temasek and AS Watson respectively, as the Singaporean sovereign fund buys a near 25 per cent stake in Asian Tycoon Li Ka-shing’s retail chain for $5.6bn (£3.5bn). The deal comes after the planned IPO of Watson took a sharp turn. Prior to the announcement of Temasek’s investment, […]

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