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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

Four New Square pays out to race victim

A London chambers has paid over £40,000 to a receptionist who was the victim of racial harassment. Senior clerk Lizzie Wiseman of Lincoln’s Inn chambers Four New Square confirmed that receptionist Diana Higgins was paid compensation for a racial harassment incident that took place on Friday 26 May. The unnamed perpetrator of the abuse remains […]

Shearman & Sterling top partners go west

Top US firm Shearman & Sterling is expanding its offices in Silicon Valley – sending over three top New York partners. The joint head of the firm’s international M&A practice Peter Lyons is moving to the West Coast, as are capital markets partners Danielle Carbone and Marc Rossell. At least one other partner together with […]

The Firm

A meeting between Jack Pratchard, Tom Henderson and a new client. Henderson: You know what our problem is Jack? Pratchard: Ermm, we’re comically incompetent and corrupt to such an extent that it’s unrealistic that we’re still in business – yet still manage to earn millions in a never fully explained fashion. Henderson: No, young Pinochet. […]

Asian firms advance into China

Leading Singapore firms Colin Ng & Partners and Drew and Napier have won licences to practise in China. The firms are the first in Singapore to gain permission on the back of China’s preparations to join the World Trade Organisation. Colin Ng & Partners is the associated firm of UK shipping specialist Sinclair Roche & […]

A View from Brussels

Traditionally, law firms in Brussels concentrate on EU competition law work. Much of this work has been the filing of merger notifications as support to major corporate departments in countries such as the UK, the USA, Germany etc. There have also been a number of successful EU boutique firms which have carved out niche practices […]

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