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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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Solow

Economic gloom prompts Kaye Scholer to recruit

Kaye Scholer plans to capitalise on the continuing lull in the UK economy to bolster its corporate practice in the City. The firm last week announced the arrival of DLA Piper private equity head Andrew Harris, who has been brought in to spearhead a recruitment drive in London. While the firm has taken a low-key […]

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Eversheds eschews BlackBerry in favour of iPad

Eversheds has become the latest firm to embrace the Apple brand after it signed a deal to provide its lawyers with the company’s iPad. The firm has launched a two-month pilot with around 50 members of its senior staff called Eversheds Anywhere, in which they will test out the trendy, but bulky, device. If the […]

1

Eversheds faces negligence claim

Eversheds is facing a High Court professional negligence claim from property development company JMH Acquisitions.     The company has instructed Blackstones Solicitors’ senior partner Rajendra Mashru to pursue the firm for £200,000, which it claims was lost when Eversheds allegedly failed to ­adequately advise it on the purchase of an industrial unit in Bolton. According to the claim form, […]

Bakers in Brazil

It’s all about Brazil these days, and for once that isn’t a shoehorned reference to the World Cup (which, as we all know, ended last Sunday afternoon). Baker & McKenzie recently embraced the trend for all things South American by unveiling its first non-American chairman in the shape of Eduardo Leite, leaving a Leite-shaped hole […]

Simmons & Simmons-off-on-off

The course of true love, Bill Shakespeare once wrote, never did run smooth. The Bard had no way of knowing, but his words are today ringing in the ears of Mark Dawkins and Bert Krueger as merger talks between Mayer Brown and Simmons & Simmons hit the skids (see story). Just like Burton & Taylor, […]

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