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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 […]

Dutch Ministry of Economic Affairs and Climate and the Flanders Department of Economics, Science and Innovation enter into a MoU on personalised medicine

By Joost Dibbits On 5 November 2018, the Dutch Ministry of Economic Affairs and Climate and the Flanders Department of Economics, Science and Innovation entered into a memorandum of understanding (MoU) on personalised medicine. The parties to the memorandum refer to the definition of personalised medicine used by the Council of the EU (2015/C 421/03): […]

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

Barclays turns to Linklaters for derivatives lawsuit defence

Linklaters for derivatives lawsuit defence” />Linklaters has bagged the mandate from Barclays to defend it against a second major derivatives lawsuit in as many years. The magic circle firm is acting for Barclays Capital as it fights off a E36.2m (£24.4m) claim from Italian bank Banca Popolare di Intra (BPI) over collateralised debt obligations (CDOs). […]

Mayer Brown names three-partner successor to chairman

Mayer Brown Rowe & Maw is set to name a three-partner “office of the chairman” when current chairman Ty Fahner steps down in May 2007. The firm’s management committee emailed the partnership today with a proposal that would name current general counsel James Holzhauer as chairman with UK managing partner Paul Maher and Washington DC […]

Martineaus wins £1.7m from landlord

Midlands firm Martineau Johnson has received a £1.7m windfall from its Birmingham landlord following a breach of covenant. The payoff comes after regional rival Cobbetts moved into the 193,000sq ft One Colmore Square office at the same time as Martineaus in September 2004, which was in breach of a contract struck between Martineaus and landlord […]

Tods Murray lockstep overhaul gathers pace

Tods Murray is gearing up for the election of its first remuneration committee in the autumn as part of the Scottish firm’s ongoing overhaul of its lockstep system. Until this financial year Tods Murray had operated a pure lockstep which ran over five years. The majority of the firm’s equity partners are believed to be […]

Waste opportunities

Radioactive waste is a major concern with nuclear energy, and strict legal control on any future solutions will be needed to deal with it. Matthew Williams and Lis Blunsdon report All the waste in a year from a nuclear power plant can be stored under a desk.” So proclaimed Ronald Reagan in a somewhat simplistic […]

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