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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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Speechly breaks top 50 after Campbell Hooper merger

Speechly Bircham has merged with 23-partner West End outfit Campbell Hooper, propelling the firm into the top 50. The new firm will operate from Speechly’s offices at New Square Street, and will consist of 88 partners and 250 lawyers. Managing partner Michael Lingens said the firm had been searching for a smaller merger partner for some […]

Ashurst scoops lead role on M25 widening project

Ashurst client Connect Plus consortium has reached financial close on the £6.2bn M25 widening project. The deal, which obtained £1.3bn in financing from a group of 16 commercial banks and the European Investment Bank (EIB), is one of the few large-scale PFI infrastructure deals to close since the onset of the global financial crisis. Moreover, […]

Thirteen opt to defer Dentons training contracts

Thirteen future Denton Wilde Sapte trainees have taken up the firm’s offer of a payment of up to £10,000 to defer for 12 months. The firm originally contacted all future London trainees, who were due to start in September 2009, March 2010, March 2011 or September 2011 in April, inviting them to defer their start […]

2 Gray’s Inn collapse hands 15 to 4KBW

LONDON set 4 King’s Bench Walk (4KBW) has boosted its ranks with the addition of 15 barristers from collapsed set 2 Gray’s Inn Square LONDON set 4 King’s Bench Walk (4KBW) has boosted its ranks with the addition of 15 barristers from collapsed set 2 Gray’s Inn Square. The move takes 4KBW’s membership to 50 […]

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Eversheds PEP falls by 27 per cent as revenue drops to £366m

The financial cost of funding three rounds of redundancies has seen Eversheds’ average profit per equity partner (PEP) figure drop by 26.8 per cent over the last year while revenues have fallen by six per cent. The firm’s PEP figure fell from £552,000 in 2007-08 to £404,000 during the last financial year. Turnover dropped from […]

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