"That effectively gives a veto to each of 51 council members," said a lawyer for one likely bidder.

It has capsized many developers and other likely bidders for the two big Lomas properties.

Most analysts agree that there are no other likely bidders.

As a result there are no other likely bidders.

Large companies with their own record operations would not appear to be likely bidders.

But two other likely bidders are also in the running for Saks.

This leaves Lenovo as the most likely bidder for the failing Palm.

British Aerospace, one of the likely bidders, fell 16p to 604p.

United Airlines, which has said it wants to play a part in industry consolidation, is considered a likely bidder.

Analysts said Humana, which dropped 3/8, to 24 1/2, was the most likely other bidder.