Cadwalader creates flood risk bond to protect City

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Latest Briefings

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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Berryman makes up two, hires one

•Midlands-based Berryman has made two internal partner promotions and one lateral hire. Property development specialist Adam Youatt, IP lawyer Scott Farnsworth and commercial contracts expert Ed Wright took up their posts in April. Youatt and Farnsworth are both established Berryman lawyers, while Wright joins from Denton Wilde Sapte. Managing partner James Jarvis said: “These are […]

A&O associates receive salary hike to rival CC’s

Allen & Overy (A&O) has made a token increase to its associate base salaries, raising them in line with the market rate set by rival Clifford Chance two weeks ago. The magic circle firm has not publicly released the improved salaries, but it is understood that newly-qualifieds’ pay now stands at £64,900, compared with Clifford […]

The work-life quiz with Jonathan Stephens

What was your first-ever job?Haymaking in the summer of 1976. Fortunately it was the year of the severe drought and the bales were really light. Name: Jonathan Stephens Firm: Wilsons Title: Managing partner Lives: Dorset Education: Sevenoaks School; London School of Economics; College of Law Work history: 1980: Qualified as a solicitor; worked in the […]

Freshfields follows CC into debate on liability caps

Following The Lawyer’s revelations last week (23 April), Freshfields Bruckhaus Deringer will reassess its approach to managing risk by looking at introducing liability caps in the UK beyond sell-side due diligence to the buy-side. It has already managed to introduce buy-side liability caps in Germany and the Netherlands on several occasions, as such measures are […]

Simmons’ Spanish tie-up seals deal with Acciona

Simmons & Simmons has scored a deal with blue-chip Spanish client Acciona Energia one month into the firm enlarging its Spanish operation. This is the first deal Simmons has advised Acciona on outside the UK, with the instruction coming via a recommendation from the London office. Acciona acquired solar power plant Amper Central Solar from […]

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