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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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The Financial Report — Volume 2, No. 21

DLA Piper has released the latest version (Volume 2, No. 21) of The Financial Report. Contents Discussion and analysis News from the Americas News from Asia and the Pacific News from Europe Global regulators US Securities and Exchange Commission developments US Commodity Futures Trading Commission developments US banking agency developments US exchanges and self-regulatory organisations If […]

When to stay and when to go? Court of Appeal recasts Glaxo guidelines in HTC appeal

The Court of Appeal has given judgment in the ‘stay’ application in the long-running patent dispute between IPCom and HTC. HTC had appealed the High Court’s refusal to stay the proceedings, and the appeal concerned the circumstances in which it is appropriate for an English court considering combined patent infringement and revocation proceedings to grant […]

Professional director’s duties in BVI companies

Professional directorship services are par for the course in the administration of companies incorporated in the British Virgin Islands (BVI). As an adjunct to registered office and agent services, fiduciary services providers frequently offer directorship services. These ‘directors’ are invariably corporate directors permissible under the BVI Business Companies Act… If you are registered and logged […]

Dominant purpose test proves difficult to pass

By Sarah Andrews Here we consider litigation privilege and the dominant purpose test. Litigation privilege stems from a principle that those engaged in or contemplating litigation should be free to gather evidence without a requirement to disclose that evidence to opponents. For litigation privilege to apply, material must satisfy the four following criteria: it must […]

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