Shakespeares takes on investment expert

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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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US lawyer's warning on damages

THE BAKER & McKenzie $7 million sexual harassment decision showed that the employer’s response was on trial as much as the conduct of the individual concerned, says a US firm. Baker & McKenzie hit the headlines last September when it made a record pay-out to a secretary who was sexually harassed by a former partner. […]

New rules aid lawyers' cash-flow

THE LAW Society has set new rules in motion which will improve lawyers’ cash-flow. The society says the changes to the remuneration certification system, which allows clients to challenge fees, are designed to reduce disagreements over costs. Clients will now have to pay at least half the cash, all disbursements and Vat, before they can […]

Midland Bank sues Norton Rose for u7.5m

CITY firm Norton Rose faces a u7.5 million High Court claim after the failure of a scheme for industrial development in enterprise zones. It is being sued by the Midland Bank who are trustees for around 2,700 investors in the scheme. A writ issued on behalf of the bank by Pinsent & Co accuses the […]

Financings

Bayerische Hypotheken Bank was advised by Herbert Smith in the issue of A$75 million 8.75 per cent European medium term notes due 1997. Lead manager Hambro Bank was advised by Allen & Overy.

Kent firm pushes ahead

Michael Kavanagh While most law firms are still contemplating taking their first step in providing financial services, Thanet firm Walmsley & Barnes is starting its next five-year plan. Ewan Cameron, compliance manager at the firm, is into his sixth year developing a financial services operation for the six-partner firm, which he says adds to the […]

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