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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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What price a competition lawyer… $3bn?

Competition lawyers are worth their weight in gold. Cartel cases are often huge international instructions where the clients have a lot to lose and need innovative, expert advice. Needless to say, the firms have a lot to gain as these cases plod on to the UK Supreme Court or European Commission. Eversheds gets a large […]

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Ashurst taps Allen & Overy for Hong Kong disputes partner

Ashurst has hired senior litigation partner Angus Ross from Allen & Overy’s Hong Kong office in a bid to build its Asia dispute resolution practice. Ross is a veteran litigator focusing on complex disputes in the banking sector. He was a long-serving disputes partner of Allen & Overy, who relocated from London to Hong Kong […]

Davis Polk and Shearman lead on Santander’s $4.3bn Mexican float

Davis Polk & Wardwell and Shearman & Sterling have taken advisory roles as Banco Santander prepares to list its Mexican subsidiary in New York and Mexico, aiming to raise an estimated $4.3bn (£2.7bn). The float on the Mexican Stock Exchange and the New York Stock Exchange the values Santander Mexico at up to $17.23bn (£10.8bn) […]

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Irwin Mitchell, Parabis green lights may shift ABS logjam

Twenty-two down, 167 to go – the ABS revolution is coming, but with more of a rumble than a big bang If the lengthy and complicated alternative business structure (ABS) applications of Irwin Mitchell and Parabis have been a blockage in the SRA pipeline, perhaps there will be a more steady flow of licenses granted […]

Powell Gilbert beats Field Fisher Waterhouse in six-year biotech case

Boutique IP firm Powell Gilbert has secured patent validation for its client Human Genome Science (HGS) after six years of litigation. Partner and founder Penny Gilbert was instructed after HGS discovered and registered a previously unidentified gene so that they could begin using it to develop a treatment for lupus. Pharmaceutical company Eli Lilly sought […]

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