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Latest Briefings

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

Lincoln’s Inn wins massive rate rebate

Chambers in Lincoln’s Inn are being paid tens of thousands of pounds each in rate rebates following a recent settlement which reduced rates by up to 50 per cent. After 168 appeals by the 26 chambers of Lincoln’s Inn over five years, of which 12 are outstanding, the Valuation Office Agency agreed to reduce rateable […]

Technology, media and telecoms

MoneyGuru Group is admitted to AIM with a placing of ordinary shares to raise £1.4m. MoneyGuru advised by Richards Butler (Philip Taylor). Broker Keith Bayley Rogers and nominated adviser Nabarro Wells represented by Hardwick Stallards. Vodafone Group completes £3.5bn global offering of shares, including a public offering in the US. Vodafone advised by Sullivan & […]

Vodafone

Another great telecoms deal for the London office of Cleary Gottlieb Steen & Hamilton, which also advised the underwriters on US law in BT’s record-breaking rights issue in the same week (The Lawyer, 14 May). This deal for Vodafone was the largest ever placement in the UK and the issuance was increased from initial estimates […]

News in brief

SJ Berwin has successfully represented Diageo in obtaining EU merger clearance for its joint acquisition with Pernod Ricard of the spirits and wines business of Seagram. The principal members of the SJ Berwin team were partners Stephen Kon and Simon Holmes, and assistants Matt Evans and Hugo Lindsay.

Five-partner finance team quits Sidley for E&Y DC firm

One of the leading structured finance teams in the US is leaving newly-merged Sidley Austin Brown & Wood to join Ernst & Young’s law firm McKee Nelson Ernst & Young. The team of five partners, believed to be the biggest structured finance team in the US outside New York, is the first to desert the […]

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