Chambers of the year becomes plc

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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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Pensions panel picks Reynolds Porter

Reynolds Porter Chamberlain and Addleshaw Booth & Co have won panel places to advise on pensions miss-selling. The Pensions Advisory Support Service (Pass) was set up in 1998 by the Liffe offices to offer financial advisers information and advice on pensions review. The companies involved with Pass, which include Norwich Union and Standard Life, provide […]

Rowe & Maw plans Hong Kong office

City firm Rowe & Maw is set to open in Hong Kong next year. The firm is talking exclusively to an unnamed Chinese law firm. A Rowe & Maw source says the firm is finalising plans for the tie-up. He says: “We are in discussions about opening up in Hong Kong. We have been in […]

Should carpetbaggers be stopped?

The Treasury plans to introduce laws making it more difficult for carpetbaggers to force mutual building societies to demutualise. The forum asks if the measures are necessary. Last week the Treasury announced plans to introduce tougher laws to impede the “carpetbaggers” who try to force mutual societies to demutualise. At present a 75 per cent […]

as it sets up its own notary

Accountants PricewaterhouseCoopers legal services in The Netherlands is setting up its own notary law firm with ex-partners from Loeff Claeys Verbeke. Aart Heering and Anton Voorneman are joining PricewaterhouseCoopers in order to set up notary law firm Voorneman. And KPMG’s law firm Steens Bisschop Meiburg is setting up a notary department with two more ex-Loeffs […]

Rosenblatt in Brands Hatch takeover plan

Rosenblatt is advising long-term client Brands Hatch on Interpublic’s £120m takeover bid. Senior partner Ian Rosenblatt who is leading a team of four on the deal, says Brands Hatch has assured him that the firm will be retained after completion. Property and planning partner Howard Salter is also working on the deal, which consists of […]

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