JP Morgan loses third senior in-house lawyer

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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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Herbert Smith acts for BSkyB on Leeds deal

Herbert Smith and Nicholson Graham & Jones are pushing through British Sky Broadcasting’s (BSkyB) bid for a 9.1 per cent stake in the company which owns Leeds United Football Club. BSkyB will pay Leeds Sporting u13.8m to become the exclusive media agent on all deals, except those involving Premier League rights, which are negotiated collectively […]

Flotations & Financing

Pinsent Curtis represented Royal Bank Development Capital (RBDC) on its £54m investment in the £92m management offer for Wyko Group. Paul Harkin and Andrew Eastgate, both corporate partners at Pinsents, were part of the team. The Bank of Scotland and Royal Bank of Scotland, which formed a syndicate to provide senior debt and working capital […]

Will EC laws make net gains for firms?

E-commerce is big news. Start-up companies are popping up in Europe almost as frequently as they are in the US. The first e-businesses are hitting the Stock Exchange and the Government is trumpeting the internet as the next big industrial frontier. However, lawyers and industry experts are expressing concern over proposed rules governing business over […]

Jamie Perry on awarding costs under new procedures

Jamie Perry is an associate in the dispute resolution department at Baker & McKenzie. Lord Justice Mance, sitting as a Commercial Court judge in Grupo Torras SA & anor v Sheikh Fahad Mohammed Al Sabah & ors, 5 July 1999, decided the question of whether a successful party should be denied all or part of […]

PwC merges with Australian firm

Top accountancy firm PricewaterhouseCoopers is merging with Australian law firm Dunhill Madden Butler, to create a new legal division. PricewaterhouseCoopers Legal will be based in Sydney and will specialise in IT, telecommunications and e-business law. The merger comes two months after the departure of 27 of Dunhill Madden’s Sydney partners and 125 of its lawyers […]

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