Tulkinghorn: Smile and the world laughs at you

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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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Simmons to open Beijing head office

Simmons & Simmons is to reorganise its China practice, with plans to open a Beijing office that will ­operate as a national hub. The firm’s partnership recently voted to open an office in the Chinese capital. Managing partner Mark Dawkins told The Lawyer that the firm had “advanced plans” to launch there. “We want to develop Beijing as […]

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A&O, SJ Berwin and Links lead on Iceland’s debt-reduction bid

Allen & Overy (A&O), Linklaters and SJ Berwin have bagged the key mandates on the Central Bank of Iceland’s (CBI) purchase of e938m (£808.44m) in bonds issued by Dutch company Avens in a bid to reduce the country’s external debt. SJ Berwin structured finance partner Vanessa Therrode, who took over as head of the team last year following the departure of […]

Eversheds shows some PEP

Some basic mathematics today, courtesy of Eversheds: how do you get yourself a juicy 28 per cent rise in profit while simultaneously registering a drop in revenue? As chief exec Bryan Hughes would no doubt explain, it’s a pretty simple formula: employ fewer people. Last year, there were 150 equity partners at the top 10 […]

Citigroup opts for two-tier Emea panel

Citigroup has overhauled its external legal panels. The Europe, Middle East and Asia (Emea) panel has been split into two tiers. The top level includes Allen & Overy (A&O), Ashurst, Beachcroft, Clifford Chance, Freshfields Bruckhaus Deringer, Herbert Smith, Hogan Lovells, Linklaters and Norton Rose. The second tier features Denton Wilde Sapte and Simmons & Simmons. […]

Matrix sees record year-end increase in revenue

Gray’s Inn set Matrix has reported its most successful year-end ever, with turnover increasing 26.5 per cent to £17.2m from £13.6m at the end of 2008-09. Chief operating officer Kevin Hooper said: “The growth has come across the board and not one specific area – competition, employment, crime and public work are all up on […]

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