New partners and new management after record year at Cravath

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Latest Briefings

European Court of Justice voids European Commission’s decision to grant state aid authorisation for the 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

Law Soc fights ‘destructive’ Carter Review

The Law Society is to convene a Special General Meeting to urge resistance to the government’s legal aid reforms, it was announced this morning (13 November). The move folows a motion put forward by Southampton-based solicitor Roger Peach, supported by another 175 solicitors, to reject the principle of price competitive tendering for criminal legal aid […]

Name partner Giuliani begins White House bid

Bracewell & Giuliani’s name partner and former New York mayor Rudolph Giuliani is a step closer to becoming the next US president. Giuliani, who is senior partner at the Texas-headquartered firm, filed papers on Friday (10 November) to create the ‘Rudy Giuliani Presidential Exploratory Committee’. An exploratory committee is a means for potential candidates to […]

Linklaters, Travers land roles on Peel’s sale to RREEF

Linklaters and Travers Smith scored lead roles on the latest infrastructure deal, acting on ports owner Peel Group’s disposal of a significant stake to RREEF. Peel is understood to be valued at £1.6bn. The auction, involving Peel’s sale of a 49 per cent stake, saw RREEF, an infrastructure fund controlled by Deutsche Bank, defend a […]

Macfarlanes plumps for tailored BPP course

BPP Law School has tied the knot with Macfarlanes, meaning all Macfarlanes trainees will study the LPC exclusively at BPP’s London branch from September next year. MacFarlanes is just the latest firm to succumb to the lure of a single LPC provider, as the number of unallied firms left for law schools to play for […]

Slaughters, Davis Polk to profit from Cairn’s Bombay flotation

Edinburgh-based Cairn Energy’s decision to float on the Bombay Stock Exchange has generated choice roles for Davis Polk & Wardwell, Slaughter and May and Indian stalwart Amarchand Mangaldas & Suresh. The energy company, the Indian assets of which lie mainly in Rajasthan oil fields, also used its preferred Scottish adviser Shepherd & Wedderburn on the […]

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