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Latest Briefings

European Court of Justice voids European Commission’s decision to grant state aid authorisation for UK’s capacity market scheme

By Maria Connolly The ECJ found that the Commission had granted approval in 2014 after just a month long preliminary examination and had failed to take full account of objections raised. The Commission must now undertake a full investigation of the scheme before granting state aid approval.  It may emerge that changes to the scheme […]

Bulgarian pension funds: New opportunities for banks to enter into repo transactions and derivatives

By Tsvetan Krumov The amendments provide new business opportunities to banks to enter into repo transactions and derivatives with Bulgarian pension funds. There are various types of private social security funds under Bulgarian law depending on the social security risks they cover. However, as the regime for derivatives and repo transactions is identical for all […]

Amsterdam District Court: Museum Map Foundation must provide data to tax authorities on museum visits

By Anke Holtland Yesterday, the Amsterdam District Court ruled in summary proceedings that the Museum Map Foundation must provide data to the tax authorities on museum visits by one specific museum card holder. What was going on? The Tax and Customs Administration demanded the information about museum visits from one specific museum card holder for the period 2014 to […]

Rules and weightings for 4th Dutch Offshore Wind tender (HKZ III&IV)

By Roland de Vlam, Redmar Damsma With the tender for the Hollandse Kust Zuid III & IV offshore wind sites in Q1 2019 rapidly approaching, potential contesters and other interested parties are awaiting the publication of the definitive version of the Ministerial Regulation holding the rules and weightings related to the tender procedure and criteria […]

Recommended

IBM hires new general counsel

IBM Australia and New Zealand has recruited a new general counsel from Geac Computers. Vincent Pollaers joins the computer giant at the end of this month. Former incumbent Ayomi Burge will become general counsel for Asia Pacific. Pollaers, a UK and Australian-qualified lawyer who initially trained at Freshfields, qualifying in 1995, has been with Geac, […]

Blow away

It was a huge accolade, but for Herbert Smith partner Stephen Gale there was a sting in the tail. When he was nominated to be the president of the Society of Practitioners of Insolvency (SPI), it must have seemed as if he had reached a pinnacle. The SPI, the professional association of insolvency specialists comprising […]

Mayhew hire sparks FSA overhaul

The Financial Services Authority’s (FSA) legal provision is to be overhauled following the appointment of Clifford Chance partner David Mayhew as leading advocate. Long-serving litigation partner Mayhew, who is also a solicitor advocate, will join the FSA in May. He is one of three senior counsel who will head the FSA’s internal legal provision. He […]

Fried Frank takes on Covingtons chair to head antitrust practice

New York firm Fried Frank Harris Shriver & Jacobson is taking on the chair of Covington & Burling‘s antitrust practice for its Washington DC office. Charles Rule will head Fried Frank’s antitrust practice and develop it to capitalise on the firm’s already strong corporate, securities and white collar crime groups. Rule has been a partner […]

Brobeck partner leaves for venture capital firm

San Francisco giant Brobeck Phleger & Harrison is losing one of its top Silicon Valley rainmakers to a venture capital firm. Therese Mrozek has been the firm’s relationship partner for Cisco Systems since 1995 and has worked closely with the group through a mass of mergers and acquisitions. She is leaving to join the San […]

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