Gateley boosts private client team with four new hires

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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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Khaitan advises Yes Bank on term loan facility

Khaitan & Co has advised Yes Bank in relation to term loan facilities availed in multiple tranches by Transcon-Sheth Creators and aggregating to approximately $146m (£95.5m) for the purpose of constructing and developing residential project Auris Serenity at Malad (W). Auris Serenity will comprise four residential luxury towers. Partner Shishir Mehta and associate partner Kumar […]

DLA Piper represents Rioprevidencia and State of Rio de Janeiro in securitisation

DLA Piper has represented Rioprevidencia, Rio de Janeiro’s state-owned pension fund, as sponsor, and the State of Rio de Janeiro in a 144A/Reg S $1.1bn (£701m) securitisation of oil royalties, the second international offering the law firm has handled for the fund in 2014. This transaction follows a June 2014 $3bn offering, which was the […]

Bär & Karrer advises sellers in Ulysse Nardin acquisition deal

Kering has successfully completed its acquisition of Ulysse Nardin from its former owners. Bär & Karrer advised the sellers in the transaction. French luxury conglomerate Kering (previously PPR) specialises in apparel and accessories, while Ulysse Nardin is a Swiss luxury watchmaker. The Bär & Karrer team included Christoph Neeracher, Till Spillmann, Thomas Rohde, Philippe Seiler […]

Linklaters’ Simon Davies on why the magic circle may have lost its power

In this week’s leadership interview, Linklaters managing partner Simon Davies talks about a magic circle branding crisis, saying that the name no longer holds a spell over the US market – or in fact any market at all. Davies argues that this identity crisis has not affected Linklaters, as the firm sees itself as “one […]

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