Ashursts forges Italian alliance

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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

Court makes intentions clear

Irvine pledges to go all the way with audience rights “There are no “no go’ areas in the Government’s determination to modernise our country,” proclaims the Lord Chancellor’s consultation paper on rights of audience and rights to conduct litigation. Noting that the 1990 Courts and Legal Services Act has led to only 624 solicitor-advocates in […]

Freshfields and Deringer to link with Austrian firm

Freshfields and its new Frankfurt partner Deringer Tessin are close to announcing an alliance with 9-partner Austrian firm Wolf Theiss. It is understood that Deringer had been talking to Wolf Theiss for some time before it entered its alliance with Freshfields, designed to become a full merger in two years. Talks with Wolf were put […]

Pub tie system faces new challenge

Two test cases have brought into question a system whereby pub landlords are dictated to by suppliers, reports Roger Pearson. Pub tenants and breweries are waiting for the outcome of two challenges to the brewery tie system, under which brewery landlords stipulate who their tenants must buy supplies from – ranging from drink to fruit […]

Dibbs runs up £750,000 bill in Imro investigation

Dibb Lupton Alsop’s share of the costs run up by Imro, in its investigation of five Morgan Grenfell directors involved in the Peter Young affair came to £750,000. The length and cost of the investigation has been criticised by some in the City, one solicitor called the costs “astronomical”. Four of the directors – Glyn […]

Booth forces Bar Council to back down over suspensions

LEGAL advice from Cherie Booth QC has forced the Bar Council into an embarrassing climbdown over its plans to suspend barristers who have requalified as solicitors. About 400 dual-qualified barristers were suspended on 1 May and told they must refer to themselves as “suspended from practice as a barrister as a result of becoming qualified […]

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