In brief: Shipping firm clerk sails off with £40,000

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Latest Briefings

European Court of Justice voids European Commission’s decision to grant state aid authorisation for the 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 to 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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African adventurers

It is surprising that a year after US firm White & Case set up an office in Johannesburg, no US or UK law firm has followed suit. Peter Finlay, partner with overall responsibility for South Africa in White & Case’s London office, says: “Every firm has different aspirations. We have a track record of commitment […]

Brief

David Hull, head of corporate services at commercial firm Edge & Ellison, will be at the opening night of Jesus Christ Superstar in London’s renovated Lyceum Theatre. The curtains rise again in November – 57 years after they last fell. It will mark the culmination of years of legal negotiations to restore the theatre to […]

What is the matter with the CCBE?

As the proposed directive on Rights of Establishment trundles through various European channels, it transpires that the CCBE has only now sent a letter of support to the Council of Ministers. The letter, written by President Ramon Mullerat, said that the directive was “closely akin” to the position of the majority of the CCBE’s delegations. […]

Financings

Wilde Sapte acted for Finnish Export Credit in its provision of a £222m export credit financing package to Thailand’s second-largest mobile phone operator

France bids to scupper rights of establishment

The French government looks set to make an eleventh hour bid to scupper the move to introduce rights of establishment in the European Union. France wants a unanimous vote, not the usual majority vote, at the council of ministers to pass the draft directive on rights of establishment, which has been approved by the European […]

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