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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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Natalie Stanton

Freshfields continues its IPO frenzy with John Laing mandate

Among the first major IPOs to be announced in 2015, infrastructure investor John Laing has outlined its plan to float on the London Stock Exchange. The legal line-up advising on the transaction features some usual suspects. Following a stellar 2014 for its capital markets team, Freshfields Bruckhaus Deringer has begun this year as it means […]

No5 Chambers sponsors 2015 UK Jessup Moot competition for fourth year

No5 Chambers is to sponsor the UK Jessup Moot Competition along with White & Case for the fourth consecutive year. The competition takes place at The Honourable Society of Gray’s Inn, London, from 26 February to 1 March. Eighteen teams of students from all over the UK will be competing for the honour of winning the Rebecca […]

Cooley cracks City with MoFo and Edwards Wildman hires

It’s taken a while, but after almost a year of hunting West Coast US firm Cooley has finally secured the launch team for its London office – as we exclusively revealed on Friday. Cooley’s negotiations to launch in the UK have seen it talk to partners at a variety of firms, most notably Edwards Wildman. […]

Oil rig

Romania – Optimism flows deep

The discovery of new oil deposits in the Black Sea holds promise of a new golden age for Romania’s energy industry – and for the local law firms Romania’s energy industry could soon be hitting a high. Earlier this year, the country discovered new oil reserves in the Black Sea that have the potential to […]

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