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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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Financings

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Top job for Johnson Matthey counsel

Simon Farrant is taking on the mantle of company secretary in addition to his role as senior legal adviser at precious metals and drugs company Johnson Matthey. Farrant replaces Gordon Thorburn who is to retire because of ill health. He will officially take over at the company’s annual general meeting in July. Farrant remains head […]

Playwright stalks Theodores

Playwright Terence Frisby steps up his “campaign of torment” against Theodore Goddard this morning, when leaflets offering secretly delivered, discounted copies of his book Outrageous Fortune will be handed out to staff as they arrive at work. Frisby, the author of hit play There’s a Girl in my Soup, published the book last year, which […]

Breaching warranties

Leave has been given by the House of Lords for an appeal in the case of Senate Electrical Wholesalers v STC Submarine Systems & anor. The case centres on a decision by Mr Justice May in December 1996 in which he awarded Senate just over u7.5m for a claim involving breach of warranties on the […]

New competition rules clear the way

Michael Grenfell, partner, Norton Rose Simon Holmes, partner, SJ Berwin & Co John Boyce, partner, Slaughter and May In an attempt to clear a severe backlog of competition work building up outside the European Commission’s (EC) doors, a white paper was recently released proposing changes to how the EC handles restrictive trade cases under Article […]

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