CoA rejects Times journalist’s FOI bid into George Galloway fund

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Latest Briefings

European Court of Justice voids European Commission’s decision to grant state aid authorisation for the 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 to 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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Post-merger DAC Beachcroft snaps up Scotland’s Andersons

DAC Beachcroft is to take over Scottish firm Andersons Solicitors in a deal it believes will give a “more comprehensive” service to both firms’ insurer clients. The deal will go live on 3 September with the business north of the border operating under the name DAC Beachcroft Scotland. Andersons, which has offices in Glasgow and […]

Meekal Hashmi

Old Mutual GC takes EMEA role at Neuberger Berman

Neuberger Berman, the investment manager that was bought by Lehman Brothers and subsequently sold after the bank’s collapse, has appointed a new legal head for Europe, the Middle East and Africa (EMEA). Meekal Hashmi, until now general counsel at Old Mutual Asset Managers (UK) (OMAM), takes up the role today, reporting to Neuberger Berman EMEA […]

Clifford Chance and Linklaters lead as Game Group eyes administration

Clifford Chance and Linklaters are advising on talks between Game Group and its lenders, with the company today announcing its intention to file for administration. Linklaters, meanwhile, is understood to be in line to pick up the role for the administrator when Game appoints one shortly. Clifford Chance restructuring partner Iain White is leading for […]

Tim Oliver

Speed bumps on the road to ABS

Speed up authorisation or risk scuppering finance deals, SRA told Pressure is mounting on the SRA to speed up the authorisation of alternative business structures (ABS) after concern that private equity deals could collapse as a result of regulatory delays. Insurance firm Parabis agreed a £50m funding deal with private equity house Duke Street in […]

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