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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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Paying the piper

The notion of partners earning less than their associates has always been the stuff of legend. In the terrible slump of the 1990s there was a number of firms where, it was whispered, the senior associates took home more than their bosses. But Blake Lapthorn, one of the stalwarts of The Lawyer’s top 100, is […]

Bank of America names new global GC

Mark Elliott has been appointed as global general counsel for commodities at Bank of America Merrill Lynch. He was previously head of legal for commodities for Europe, the Middle East and Asia, based in London. Elliott takes over from US-based Ronald Oppenheimer, who has left the bank to join oil and energy company Vitol to […]

Payback time?

The multibillion-dollar Madoff scandal has shaken Wall Street to its core, but the fallout will be felt far outside the US. By Phillip Kite Madoff The Madoff scandal appears to be one the largest frauds of all time and, although perpetrated from the very heart of Wall Street, this fraud has huge repercussions outside the […]

New money

Ireland’s funds industry has been positively thriving so far this year, cashing in on the global trend towards exchange-traded funds. Barry McGrath and Elaine Keane report Despite the credit crunch and the contraction of financial markets globally, Ireland is still open for business as a leading European domicile for internationally distributed funds and structured finance […]

Teacher Stern provides timely assist on Man City’s Tevez swoop

Teacher Stern Selby has advised on footballer Carlos Tevez’s transfer to Manchester City FC. Graham Shear Teacher Stern partner Graham Shear led a team advising Tevez’s agent Kia Joorabchian on the deal, which concluded last week. Shear said: “From a regulatory and commercial view, this was at times an incredibly challenging matter. But all those […]

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