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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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One Essex Court’s Grabiner and Mishcon bring Guy Hands EMI case to UK

One Essex Court’s Tony Grabiner QC and Mishcon de Reya have picked up a role on private equity magnate Guy Hands’ long running battle against Citigroup over his ill-fated acquisition of EMI. It emerged last week that the case would be unexpectedly transferred to the English courts from the US after several court hearings in […]

Accountants – the lawyers of tomorrow?

If the news that the Big Four accountancy firms are ramping up their legal arms sounds like something you’ve read before, you’re not far wrong. In the pre-Enron days, the likes of KLegal and Andersen Legal, closely associated with the auditors, were major players in the UK mid-market. Now PricewaterhouseCoopers (PwC) is setting its stall […]

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PwC Legal chief: we can be a top 20 global legal services business in five years

The head of PricewaterhouseCooper’s legal arm (PwC Legal) has set out the firm’s ambitions to become a global top-20 legal services player within the next five years. PwC Legal global legal services leader Leon Flavell told The Lawyer that the firm was targeting revenues of $1bn – doubling from 2013’s almost-$500m across the firm’s legal […]

One for the Lusophiles

Despite a rocky domestic market, Portuguese firms are spreading their wings internationally. Mozambique and Angola have long been areas of interest for historical reasons, but there have also been forays into Cameroon and East Timor Portugal: First rays of the new rising sun Top-tier Portuguese firm opens doors in East Timor Angola/Mozambique: Power lions Portugal’s […]

Supreme Court decision on misrepresentation during pre-contract negotiations

In a significant decision by the Supreme Court, a representor has been held liable for its negligent misrepresentation to another party other than the party that was later induced to conclude the contract. A negligent misrepresentation is an untrue statement of fact or law made by Party A that induces Party B to enter into […]

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