In brief: Clifford Chance

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Latest Briefings

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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Addleshaws reaches £50m in its annual fee income results

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Nigerian fights deportation

Ben James, a 30-year-old Nigerian-born stockbroker who came to the UK when he was 14 and is fighting moves to deport him, has won the right to mount a second High Court challenge to the Government’s insistence that he returns to Nigeria. James, who ran a u40,000-a-year stockbroking business, was on the verge of being […]

Slap in the face for demoralised CPS staff

Director of Public Prosecutions David Calvert-Smith gave a damning indictment against certain members of his staff last week, threatening to kick out those who are “beyond redemption”, a number which is “certainly in tens”. While he is being refreshingly honest, the CPS is still lurching from ditch to gutter. Calvert-Smith’s credentials as a criminal lawyer […]

Clerks take business lessons

Commercial chambers One Essex Court has become the first set to introduce professional training in business development for its clerks. The set has employed Haines Consulting, an organisation that specialises in teaching business strategy. Haines Consulting has already undertaken similar exercises with 33 of the top 100 firms of solicitors. “I thought they [solicitors] were […]

Financings

NatWest Development Capital (NWDC) instructed Hammond Suddards on its £1m partial funding of the management buy-out of northern bingo giant Walker Group. Corporate finance lawyer Jonathan Jones led the Hammonds team, with partner Catherine McKenna advising on pensions and lawyer Andrea Neville on commercial property.

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