Top 10 Stories – 27 June – 3 July 2014

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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 […]

Recommended

Fieldfisher

Fieldfisher breaks £100m barrier with turnover of £104m

Revenue at Fieldfisher has broken through the £100m barrier for the first time hitting £104m, an increase of 9.5 per cent on £95m for 2012/13. Fieldfisher also reported a 12 per cent rise in net profit, from £21m to £23.5m in 2013/14 – its highest point since the £26m recorded in 2007/08. Meanwhile, its average […]

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PayPal UK and Ireland head of legal, Tom Brown

Online payment specialist PayPal is innovative and dynamic, and that’s how Tom Brown, UK and Ireland head of legal, demands his team to be too PayPal is all about the future of money. Originally an online and now increasingly an offline payment business owned by Silicon Valley-based internet auction giant eBay, PayPal is an acute […]

London

Osborne Clarke sees tech and telecoms heads quit for Fieldfisher and Reed Smith

Osborne Clarke’s head of technology Mark Webber and head of telecoms Angus Finnegan have both left the firm, moving to Fieldfisher and Reed Smith respectively. Finnegan was recruited by Osborne Clarke in 1998, after working opposite the firm’s former head of IT and telecoms Simon Rendell on a deal. He arrived after spending four years […]

Allen & Overy advises on $1bn PTT Exploration hybrid bond issuance

Allen & Overy has advised Bank of America Merrill Lynch, Credit Suisse, HSBC and JP Morgan as joint bookrunners on PTT Exploration and Production Public Company’s (PTTEP’s) corporate hybrid bond issuance, in what is reported to be the first USD hybrid issuance by a Thai corporate since 2006. The $1bn (£576,000) subordinated perpetual capital securities […]

London
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Nabarro turnover flat at £116.3m, while net profit rises to £34.1m

Nabarro has posted flat revenue for the 2013/14 year-end up 0.3 per cent from £116.3m to £116.7m, while average profit per equity partner (PEP) grew by 10.5 per cent from £430,000 to £475,000. Net profit has also increased, climbing 8 per cent, from £31.6m to £34.1m. It is the third consecutive year of net profit growth […]

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