In an abrupt reversal, Delaware says ‘Ummm… Wait!’ to fee-shifting bylaws

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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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Allen & Overy advises on $5.5bn STAR Rafineri project financing

Allen & Overy has advised on on the $5.5bn (£3.3bn) STAR Rafineri project financing — Turkey’s largest ever project financing. The firm said that the STAR Rafineri underlined growing demand from lenders to participate in Turkish infrastructure and energy financings. According to Allen & Overy, the deal was not only significant because of its size, but […]

Schoenherr advises PALFINGER on mutual capital interlinking with SANY

Schoenherr has advised PALFINGER and individual-selling PALFINGER shareholders on the establishment of a mutual capital interlinking between the Salzburg-based manufacturer of hydraulic lifting systems and SANY Heavy Industries Co, a member of China’s SANY group.  The overall value of the transaction amounts to approximately €220m (£180m). The mutual capital interlinking was implemented through multiple measures. […]

Walker Morris set to provide legal support to Centre for Process Innovation

Walker Morris has been appointed to the Legal Service Panel for the Centre for Process Innovation (CPI) following a successful tender. The firm was successful in all areas of legal work and will cover all lots: property and construction; corporate; procurement state aid and competition; commercial and intellectual property litigation; commercial and technology; engineering law […]

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Clifford Chance, Linklaters take on Shearman in battle for Bridgepoint

Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm. Shearman & Sterling is making its presence felt in the City, squaring up […]

Jonathan Ames

This week’s top 15 legal briefings – 24 May 2014

Just when bankers thought it might be safe to put a tentative toe back into the dinner party circuit, one of the UK’s new financial regulators has to go and publish a consultation paper on pay to remind fellow guests of just how loaded they are. Law firm Nabarro looks at recent Prudential Regulation Authority […]

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