Northern Rock shareholders “deprived of their property”, court told

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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 […]

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Macfarlanes to make up to 14 redundant

Macfarlanes has launched a redundancy consultation that could affect up to 14 staff, including seven fee earners. Up to seven lawyers are expected to lose their jobs in the real estate practice, which has been hit hard by the economic slump, with a further seven secretaries expected to be made redundant in corporate and real […]

Guardian hires legal chief from Times

The Guardian has poached the head of litigation at Times Newspapers to replace Nuala Cosgrove as legal chief after she left for media regulator Ofcom at the end of last year. Gillian Phillips has been appointed director of editorial legal services at Guardian News and Media (GNM) and will report to editor Alan Rusbridger. Phillips, […]

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Lovells unveils bribery/corruption division

Lovells has set up a taskforce to ­handle cases of bribery and corruption. Lovells has set up a taskforce to ­handle cases of bribery and corruption. The team will be made up of dispute resolution partners who will be the first point of contact for clients, offering advice on best practice and risk ­management. The […]

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CC’s London layoffs set off dot com bomb

The News that Clifford Chance is to lay off 70-80 London lawyers spurred an avalanche of debate from readers of TheLawyer.com, with the story swiftly becoming one of the most read in the website’s history. While some reader comments commended Clifford Chance for demonstrating sound business sense in making the cuts, others felt the move […]

Opinion: a civil approach to insider dealing could reap dividends

Tony Woodcock, commercial litigation partner, Stephenson Harwood The rarity of successful criminal insider dealing prosecutions has resulted in some criticism of the Financial Services ­Authority (FSA) for its handling of the case of Richard Ralph. Ralph had ­confessed to the FSA that he had bought shares in a company of which he was the chairman […]

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