Mixed ­troubles

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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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Addleshaws cuts 16 jobs across its offices

Addleshaw Goddard made 16 employees redundant this year, including two fee-earners – the highest single number made since 2003. The redundancies saw three part-time fee-earners, together constituting two full-time equivalent posts, lose their jobs – one in each of the firm’s three offices – along with six support staff in the City and four each […]

Place in the sun

As the days here get colder and shorter, are you worried that the bonus won’t quite stretch to a sojourn next to the azure waters of the Caribbean? Or that there won’t be a job left for you when you return? There is a solution. Lawyers are being offered the opportunity to go out to […]

Downturn puts squeeze on staff numbers

More than a fifth of law firms have had to lay off staff as a result of the economic ­climate, a new study has found. The poll, conducted by recruitment consultancy Badenoch & Clark, revealed that 20.8 per cent of the 900 staff working at law firms and in-house teams surveyed have had to make […]

Kennedys takes eight from DLA’s Brum office

Insurance firm Kennedys has raided DLA Piper’s Birmingham office for eight fee-earners to ramp up its liability and ­professional negligence capabilities in the region. Insurance ;firm Kennedys has raided DLA Piper’s Birmingham office for eight fee-earners to ramp up its liability and ­professional negligence capabilities in the region. The firm has taken on ­liability partner Radd […]

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Abu Dhabi media city hires first GC

The Newly launched Abu Dhabi media city twofour54 has turned to Dubai-based pay-TV ­operator Showtime Arabia for its first general counsel. The Newly launched Abu ;Dhabi ;media ;city twofour54 has turned to Dubai-based pay-TV ­operator Showtime Arabia for its first general counsel. Greg ;Sweeting, ;who was general counsel at ­Showtime Arabia, joined twofour54 on its launch last week […]

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