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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

Ashursts client Peter Black picks Eversheds after MBO

Eversheds has snatched Peter Black Holdings from Ashurst Morris Crisp after advising on one of the UK’s largest public-to-private deals this year. A 10-strong Eversheds team, led by corporate partner Robert Pitcher, is acting on the £223m management buyout (MBO) of Peter Black through newco Beltpacker, led by a team comprising five directors, including chairman […]

Tornado

This is Taylor Joynson Garrett’s second deal for technology company Tornado. Its first was when Tornado instructed the firm to act on its February AIM flotation. Choosing a law firm was aided by the fact that Tornado’s managing director and co-founder Ian Watson is a lawyer – he was previously head of corporate at Sheridans […]

Slaughters attacks technology market

Slaughter and May caves in to sector specialisation; radical marketing drive to target e-commerce clients Slaughter and May has initiated a practice group focusing on new economy work in an extraordinary departure from the firm’s traditional approach of avoiding a sector-based structure. For the first time, corporate partners with a particular interest in new economy […]

North West merger called off

The two North West firms, which have been in talks since April, have abandoned plans of a link-up due to an internal restructuring at Weightmans. In a joint statement, David Wareing, managing partner at Hill Dickinson, says: “Weightmans is in the process of restructuring and in these circumstances moving on to the next of discussions […]

Sullivans hires Stibbe partner

The Paris office of Dutch law firm Stibbe Simont Monahan Duhot is losing a corporate partner to US firm Sullivan & Cromwell. Richard Vilanova is leaving the 30-partner practice to join Sullivan & Cromwell’s small Paris office. He specialises in asset financing and capital markets and already does the French component of financing projects for […]

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