Allen & Overy hires CEE/CIS/SEE specialist to its banking and finance practice

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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 […]

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Goodman Derrick presents Time Out founder Tony Elliot with Goodman Award

Goodman Derrick has presented Tony Elliot, founder of Time Out and supporter of the arts, with the Goodman Award. The award was presented by Goodman Derrick senior partner Tim Langton at the 35th Arts and Business Awards at BFI Southbank on 21 May 2014. The Goodman Award honours an individual who has made outstanding, long-term […]

Watson Farley gets its teeth into a new growth strategy

Super-sleek hunting machines with serious bite – maybe law firms have more in common with the ocean’s greatest predators than we previously thought. That’s certainly the case put forward by Watson Farley & Williams’ (WFW) new co-managing partners who reckon, “law firms are like sharks – you have to move to breathe”. If that’s the […]

Herbies – You’re hired! (to sue Kingsley Napley)

He is one of the UK’s most infamous bosses: hard to please, fiendishly frank and not afraid of giving anyone who disappoints him the chop. Now Lord Alan Sugar is hurling his famous catchphrase not at a group of potential business partners but at his former lawyers, Kingsley Napley. The mogul’s real estate company Amsprop […]

Sun shines on Freshfields’ pay packets

The sun is out – sort of – and Freshfields Bruckhaus Deringer associates are making hay. The magic circle trainee troupe will be kicking their heels in joy after their first salary boost in five years. The firm has melted its salary freeze for trainee and merit-based associate pay, also held at the same level […]

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Czech Republic/Slovakia – Nervous centre

As international firms question their future in these small, closely linked markets, local lawyers too are eyeing the business environment with caution In the past few years foreign direct investment (FDI) into the Czech Republic has been up and down, to say the least. An all-time high of €9.4bn (£7.7bn) – much of it from […]

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