Solicitor struck off for property plan

A solicitor has been struck off the roll for breaching investment regulations after hundreds of investors placed up to £250,000 each in a property investment scheme he set up

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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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Builders group modifies panel

The National Federation of Builders has drastically overhauled its legal panel following a review, introducing 13 new firms The shake-up comes amid claims from former panel firms that the federation has started to levy charges for panel places.Six firms, including construction specialist Masons and national giants Wragge & Co and Bond Pearce, have been cut […]

Set for success

Whether they have been hiding in the regions, making a return to form, or just starting out, three chambers could take the bar by storm this year. Brendan Malkin reveals all Chambers’ fortunes, just like those of law firms, can change rapidly. Just look at One Essex Court: a raft of departures in 2000 put […]

Gibson Dunn in £310m property buy

The London office of US firm Gibson Dunn & Crutcher has started the year in fine style by completing a massive property acquisition for a private overseas client.The £310m total purchase comprised two deals joined through common funding arrangements. The vendors were PMB Holdings and the Royal London Mutual Insurance Society. Property finance partner Alan […]

Finance summary

Sidley Austin Brown & Wood (Graham Penn) advised Lehman Brothers on its first securitisation of commercial mortgages, worth £467m. Issuer Windermere was advised by Clifford Chance (Elizabeth Knox). Cadwalader Wickersham & Taft (Lyndon Norley) advised Indonesian cement company Semen Cibinong on its recent restructuring of $1.5bn (£1.04bn) debt. The restructuring included the company’s acquisition by […]

NHS pledges to cut costs with mediation crusade

NHS gets help from ADR Group; Law Soc urges in-housers to push mediation The National Health Service has launched a massive push to significantly reduce legal costs and arrive at earlier settlements by swapping litigation for mediation.Up to £300,000 can be saved per case by taking the mediation rather than litigation route. An average of […]

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