City assistants beat inflation

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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

Comment – Hawkish City regulators swoop on the wrong prey

It is easy to attack City regulators and their hard-pressed in-house lawyers. When big “irregularities” which could involve fraud emerge in companies, they face a stark choice – throw the book at those involved and spend hundreds of thousands of pounds trying to secure punishment, or publicly slap them on the wrists and leave well […]

Bingham calls for new criminal code

The Lord Chief Justice, Lord Bingham, has called on the Government to introduce a new criminal code to deal with “the present chaotic system of criminal law”. Speaking at the same Mansion House dinner as Lord Irvine (see above story), Lord Bingham said that criminal law was “incoherent and inconsistent and littered with distinctions which […]

Property

Gill McGreevy of DJ Freeman advised the Resolution Group in its £18m acquisition of four industrial estates from Lodestone Properties, advised by Robert Muir of Watson Farley & Williams.

Lawyers at play

Canary Wharf group legal counsel Michael Ashley-Brown can go from 0 to 60 in 3.2 seconds in his 1100cc Club Sport, which he races in his spare time. He is shown with Michael Madden (l) and Martin Wright, both partners at sponsor Ashurst Morris Crisp.

In brief: Vice-Chancellor slams high civil court fees

The Vice-Chancellor, Sir Richard Scott, attacked the high fees in the civil courts last week in a lecture at the College of Law sponsored by Clyde & Co. Describing the policy of making courts self-funding as “unacceptable”, Scott proposed that court fees be replaced by charging firms for using the planned IT network to streamline […]

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