New GST refund restrictions — impact on procurement contracts

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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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Aussie associate pay begins to lift as partners move on

Is the Australian legal market on the road to recovery?  If associate salaries are anything to go by the answer is yes. As The Lawyer reported earlier this year, tough trading conditions had forced firms such as King & Wood Mallesons and Herbert Smith Freehills to take a look at their cost bases, with many […]

Khaitan & Co advises DCBL India on BoJCL India acquisition

Khaitan & Co has advised Dalmia Cement (Bharat) Ltd (DCBL) India in relation to the acquisition of Jaiprakash Associates Ltd’s (JAL’s) 74 per cent stake in Bokaro Jaypee Cement Ltd (BoJCL) India for approximately $141m (£85m). The firm also advised DCBL in relation to the clinker sale arrangements between JAL and BoJCL. DCBL is part […]

Allen & Overy and Deutsche Bank help 25 students to set up small businesses

Allen & Overy and Deutsche Bank have joined forces on a community project to mentor budding entrepreneurs from a London secondary school, Bethnal Green Academy, to set up their own small businesses. Through Artbeat, Allen & Overy’s arts and enterprise scheme, 25 business studies students have taken part in a 12-week programme, led by a […]

DLA Piper advises Etihad Airways on $560m investment in Alitalia

DLA Piper has advised Etihad Airways, the national airline of the United Arab Emirates, on its entry into a transaction implementation agreement with Alitalia, which will result in a €1.76m (£1m) investment to build a reinvigorated Alitalia as a competitive, sustainably profitable business. Etihad Airways’ investment of €560m will be provided through a combination of […]

pharmaceuticals

Allen & Overy wins spot among US firms on Walgreen’s £5.6bn buyout of Boots

Allen & Overy has won a spot alongside a raft of US giants to advise on Walgreen’s £5.6bn acquisition of its remaining stake in Alliance Boots. US drugstore chain Walgreens is set to buy the 55 per cent stake in Swiss-owned Alliance Boots that it does not already own for $13.5bn in cash and stock. […]

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