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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

No ABS says US

All eyes were focused on George Osborne yesterday as he delivered his Budget speech and dashed the hopes of all those in the market for a £2m property. So you’d be forgiven for missing a New York Bar announcement that could have just as much of an impact on City lawyers. The state bar association […]

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Chinese lawyers required to swear allegiance to the Communist Party

Chinese lawyers have to take an oath of allegiance to the Communist Party under a new measure introduced by the country’s Ministry of Justice (MoJ). The MoJ has issued a new measure requiring newly qualified lawyers or lawyers renewing their practising certificates to swear allegiance to the Communist Party of China (CPC) within three months […]

Sidley’s former NYC chief flies into City for full-time European role

Sidley Austin is sending its former New York head George Petrow to the City on a permanent basis to take charge of its European operations.  Staff have been told that Petrow, who is a member of the firm’s management committee, will be in the firm’s London office on a full-time basis, taking particular responsibility for […]

Willkie Farr swoops on 12-partner Dewey corporate team

Willkie Farr & Gallagher has hired a 12-strong team of transactional and regulatory lawyers from Dewey & LeBoeuf. The group moving to Willkie includes two London partners – Joseph Ferraro and Nicholas Bulger – as well as four partners who had leadership roles at Dewey & LeBoeuf: US M&A chair Alexander Dye, insurance industry sector […]

Edward Solomons
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Met Police unveils slimmed-down panel after cost-saving review

The Metropolitan Police has taken an axe to its external legal panel in a cost-cutting move that has seen nine firms exit the roster. Capsticks, Clyde & Co, Michelmores, Plexus, TLT and Weightmans are the six firms to win places on the panel, which has been slashed from 13 at the last review. The Lawyer […]

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