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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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Citi and Wells Fargo battle for Wachovia

The litigators have been called in for a dispute over the purchase of US bank Wachovia between potential buyers Citigroup and Wells Fargo. The battle began last week when Citi instructed New York litigator Greg Joseph, name partner at Gregory P Joseph Law Offices and former litigation chairman at Fried, Frank, Harris, Shriver & Jacobson. […]

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Speaking your language

The SRA’s Liz McNaulty is right when she says that many straight-A students can’t write properly these days, says BPP Law School chief Peter Crisp – and it matters. Words are the dominant and most powerful tool of the trade for a lawyer. The ability to articulate an argument, draft a pleading or write an […]

Business Court project allocated extra space

Her Majesty’s Courts Service (HMCS) is to take more space in the Rolls Building to create London’s new Business Court after initially underestimating the amount of space needed. It has acquired the fifth floor of the building, which will be shared by the Royal Courts of Justice (RCJ) and the Tribunals Service. High Court director […]

Web Week

The Lawyer’s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@thelawyer.com. Learning aidesLaw firms are great. ­Anything you need doing, you can get a lawyer to do it. At least […]

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UK firms line up for Icelandic bank roles

Denton Wilde Sapte, Freshfields Bruckhaus Deringer and Slaughter and May have snared key roles as the UK arms of two Icelandic banks at the heart of the country’s financial crisis are put into administration by regulators. Kaupthing Singer & Friedland and Heritable Bank, a UK subsidiary of Iceland’s Landsbanki, have both gone into administration this […]

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