Taking shares as fees could pay dividends

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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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Drink firm bullish over name

A drink which has captured 90 per cent of the high-energy drinks market is at the centre of a pending High Court battle. The makers of Red Bull have launched proceedings to stop sale of an alcoholic drink called VRB, one of the nicknames given to Red Bull by drinkers when it is mixed with […]

Flotations & Financing

Stephen Kensell, banking partner at Allen & Overy, led a five-strong team advising Banque Nationale de Paris and Credit Agricole Indosuez on a £4.3bn credit facility for L’Air Liquide SA. French industrial gases group L’Air Liquide is jointly bidding for UK group The BOC Group with US-based Air Products and Chemicals. Banking associate Nicholas Clark […]

Flotations & Financing

Barlow Lyde & Gilbert has acted for the Bank of America National Trust & Savings Association on the extension of £40m syndicated asset and receivables backed revolving, swingline and letter of credit facilities to UK Steelstock. Bank of America acted as the agent and was advised by corporate and finance partners Graham Wedlake and Jonathan […]

Camerons claims major signing in Singapore…

Cameron McKenna has formed an alliance with a Singapore insurance law specialist firm. Camerons claims the exclusive relationship with Niru & Co is a major strategic move towards building an international insurance practice. But rival firms claim that the six-partner firm is not the leading insurance player that Camerons claims. Niru & Co was formed […]

Osborne Clarke gains Kemp's key IT partner

Osborne Clarke’s London IT department has gained one partner and lost another this week. The firm is poaching Clifford Chance-trained Ashley Winton, who helped to set up Kemp & Co with Richard Kemp last year. He is leaving because he says that a two-partner firm lacks the resources and breadth of work that he wants […]

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