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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

Jones Day raids rivals for Munich

Four senior German partners will lead Jones Day Reavis & Pogue’s push into Munich For the launch of its new intellectual property (IP)-focused office, the US firm has hired lawyers from Frankfurt rivals including Ernst & Young’s law firm Luther Menold.Christian Meister joins from Luther Menold’s legacy merger partner Andersen Luther. Miester is joined by […]

Broadly speaking

Twenty five years ago, life for those entering the legal profession was very different. A newly qualified solicitor coming in to the profession could expect a much greater variety of work upon qualification Company specialists may have been expected to deal with property work allied to the transactions upon which they worked, while a litigator […]

Bahrain Bank picks Norton Rose

Norton Rose has received its first major instruction from Bahrain International Bank (BIB) to advise on the restructuring of its $460m (£294m) debt Historically, BIB has relied on Bahrain lawyers or overseas firms in jurisdictions receiving the bank’s investment – often the US.The instruction is likely to signal the start of a trend of Middle […]

Wragges, Masons act on major windfarm projects

Wragge & Co is attempting to help push ahead Powergen Renewables’ plan to build a major windfarm in Norfolk after the project was postponed for a year over disagreements with contractors on price.The 37-wind turbine farm, which will be located offshore at Scroby Sands near Great Yarmouth, was due for completion by the end of […]

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