In positive defence of the CDS

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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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Andrew Witts on resurrecting debts that have been rejected.

Andrew Witts is a banking litigation partner at Dibb Lupton Alsop’s City office. Mr Justice Park is to consider whether a claim for set-off can be raised following an earlier rejection of a proof of debt – one of the issues in BCCI (Overseas) (In Liquidation) v Habib Bank in the Court of Appeal. The […]

In brief: In-house lawyers

In-house lawyers will be able to train for their own qualification from the year 2000 under plans drawn up by the Law Society’s commerce and industry group (C&I). The group aims to introduce a programme of up to 20 modules, that will include management and presentational skills, managing budgets and time-management. Lawyers will be able […]

King leads XL Capital tie

Linklaters corporate partner Peter King led a team which advised Cayman Islands company XL Capital on the English law aspects of its merger, valued at US$1.2bn (u750m), with NAC Re Corporation, a corporation in Delaware. The two companies provide insurance and reinsurance coverages and financial products worldwide, with business in the Lloyd’s insurance market. The […]

Lawyers launch appeal as Lowry gets nine years

British law professor David Lowry plans to appeal to the Portuguese Supreme Court after being sentenced to nine years in prison on fraud and forgery charges. Lowry’s friends and law-yers were shocked at the verdict last Friday. They said Portuguese authorities failed to understand the international financial market, and were making an example of him. […]

In-house revolt against ruling bodies' bureaucracy

In-house lawyers are fed up. Employed barristers accuse the Bar Council of, at best, ignoring their needs and, at worst, betrayal. In-house solicitors, meanwhile, claim they are under-funded, and unappreciated, by the Law Society. To add insult to injury, the House of Lords has thrown out the Government’s plan to give in-house advocates the same […]

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