In brief: Rakisons moves into old Linklaters office

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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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Quote of the week

“Lawyers are eunuchs… We know how to do it, we see it done every day, yet we don’t do it ourselves.” – John Verrill, vice-president of the Insolvency Lawyers Association. The inappropriately named Verrill is rather piqued that accountants get the exciting bit of winding up companies, leaving emasculated insolvency lawyers to do the backroom […]

Law Society votes to give itself a face-lift

The Law Society agreed to implement a radical face-lift last week in line with proposals made by business troubleshooter and tony Blair confidante Sir Dennis Stevenson. The Law Society council has agreed to: elect the deputy vice-president only; dissolve many of the 140 committees and appoint specific task forces for individual projects; restrict the number […]

Herbert Smith scoops Slaughters

Slaughter and May, the traditional leader on major stock exchange flotations, has acted on none so far this year, while Herbert Smith has scooped a higher number and total value than any other firm. KPMG figures showing the total number of flotations in the past four years still put Slaughters at number two by deal […]

MDP illegality probe by Canadian lawyers

A working committee of top Canadian lawyers is examining whether the current ban on multidisciplinary partnerships (MDPs) in Canada is illegal. It is also drawing up a model of how MDPs should be regulated if the ban is lifted. The committee, formed by last month’s mid-winter conference of the Federation of Law Societies of Canada, […]

San Fran firm recruits first UK-qualified partner

SAN FRANCISCO-based firm Orrick Herrington & Sutcliffe has hired its first UK-qualified partner, marking the start of a drive into English law practice. Christopher Lewis has left Simmons & Simmons’ Hong Kong office to join Orrick Herrington’s one-year-old Tokyo office. He will support the firm’s structured finance practice, the lynchpin of its international expansion plans. […]

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