Max Thorowgood

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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 […]

Recommended

4 Pump Court wins top construction silk

Specialist construction set 4 Pump Court has taken on three barristers, including the seasoned silk Anthony Speaight QC. `Speaight has made the move from personal injury set 12 King’s Bench Walk (12 KBW) because of a drop in construction work at the set, while 4 Pump Court’s construction, professional negligence and commercial practices matched his […]

Lovells

Lovells has recruited the general secretary of global telecoms giant Nortel for its Beijing office. Robert Lewis is an expert in corporate and regulatory matters in the telecoms industry. Lovells international projects chief Marc Bartel appointed Lewis as part of his strategy to tap into telecoms work in Asia.

Ashursts reels as Paris star goes to Linklaters

Ashurst Morris Crisp’s Paris office is losing a top private equity partner to Linklaters & Alliance despite its recent affirmation to remain a pan-European private equity firm. Fabrice de la Morandière, who specialises in M&A and private equity, will join Linklaters in August. Ashursts’ Paris office will also lose M&A partner Philippe Sarrailhé, who is […]

A year ago this week

US firms retaliate in war for London’s top lawyers`This time last year the salary war between UK and US firms was just hotting up with US firms upping the ante by increasing pay rates for London lawyers.`Having waited for the outcome of the UK magic circle firms’ April pay reviews, US firm Cadwalader Wickersham & […]

McKinsey warns Slaughter and May: your clients will want you to go global

Study of 50 International legal practices reveals law firms trail industry; Skadden Arps tipped for future domination `And despite their elite reputations, Slaughter and May and Cravath Swaine & Moore are singled out.`The report says: “We believe that they will face growing pressure for geographic expansion to maintain world-class capabilities in their specialities and to […]

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