New managing partner at Bristol’s Burges Salmon

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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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Clarke Willmott puts 40 jobs on the line

Clarke Willmott puts 40 jobs on the line” />Clarke Willmott has joined the growing number of firms putting lawyers under threat of redundancy. The Birmingham-headquartered firm, which also has offices in Bristol, Southampton and Taunton, said redundancies would affect up to 40 fee-earners and support staff across its network and that the consultation would “impact […]

Proskauer hires Addleshaws partner for City push

Proskauer Rose has hired Addleshaw Goddard finance partner Michael Crosby for its London office. Crosby previously spent two years working in-house at Lehman Brothers alongside the bank’s investment banking division followed by a stint as an associate at Freshfields Bruckhaus Deringer. In 2005, Crosby joined the London office of O’Melveny & Myers. He joined Addleshaws […]

Taylor Wessing, Nixon Peabody settle dispute; Nixon to launch in Paris

Taylor Wessing and Nixon Peabody have settled their legal disputes over Nixon’s poaching of 13 of Taylor Wessing’s Paris partners. Taylor Wessing, Nixon Peabody settle dispute; Nixon to launch in Paris” />Taylor Wessing and Nixon Peabody have settled their long-running legal disputes over Nixon Peabody’s poaching of 13 of Taylor Wessing’s Paris partners. Nixon Peabody […]

The blame game

Light-touch regulation has been blamed for the credit crisis – but it’s still the best system there is, argues Duncan Black People ask if the regulators were asleep ;when ;subprime ­mortgages were created. The answer is that they were not asleep but their attention was elsewhere, doing things such as looking for insider dealers and […]

Hitachi Data Systems dials up new Emea GC

Technology company Hitachi Data Systems has hired its new general counsel for Europe, the Middle East and Africa (Emea) from telecoms company Cable & Wireless. Don Hughes, who was formerly deputy head of legal for the Europe, Asia and US businesses of Cable & Wireless, will be responsible for managing Hitachi’s international legal team from […]

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