Jones Day raids Heller for China push

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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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Ticket to deride

The offer of free tickets for TV’s Big Brother would please most staff, reckons Tulkinghorn, but it would seem not for those at Kroll. Simon Appell, a partner at the risk consultancy firm, recently splashed out on four tickets to the reality TV show for his staff at a charity bash, only to be royally […]

Dewey takes White & Case associate for London capital markets

Dewey Ballantine has made a bid to resurrect its London office with the hire of capital markets specialist Joseph Marx from White & Case. Marx, an international securities specialist, joins Dewey as a partner in the corporate finance team. He was an associate at White & Case where he had been since 1998. Marx, who […]

Sea, sand and silicon

Devon and Cornwall – for so long dependent on tourism – are now attracting significant investment from the information and communications, biotech and renewable energy sectors. Tim Richards reports These are interesting times for commercial lawyers in Devon and Cornwall. Commercial work in the region is becoming ever-more exciting, with the recent trend toward knowledge-based […]

ABP adds Slaughters to panel for Goldman takeover bid

Slaughter and May has strengthened its corporate ties with Associated British Ports (ABP), with the firm all set to advise ABP on a possible bid by a consortium led by Goldman Sachs. The investment bank has confirmed that it has been working on a potential bid with Canadian and Singaporean investors, that could value the […]

ECJ gives primacy to national court rulings

The European Court of Justice (ECJ) has ruled that national court judgments that conflict with EU law should not be overturned when there is no appeal. In a case referred to the ECJ by the Austrian courts, it said that the need to respect EU legislation could be overridden by the requirements of judicial efficiency. […]

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