Orrick raids Katten Muchin to boost real estate practice

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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 […]

Recommended

Citi and Egg appoint new head of legal

Newly combined Egg and Citibank’s UK consumer arm has appointed Tom Crane as its new head of legal. Crane joined Citi as Europe, the Middle East and Africa general counsel for credit cards from WilmerHale in May 2006. Crane has experience working on a range of corporate and regulatory matters at Citi, including on the […]

Norton Rose mourns death of colleague

Norton Rose is mourning the death of one of its IT managers after he fell from the eighth floor of the firm’s new offices on the south bank of the River Thames. The employee, whose identity has not been disclosed, was found dead on the ground floor of the firm’s atrium at around 6.30pm on […]

Profit plummets at Watson Burton

Newcastle’s Watson Burton has recorded a breathtaking drop in profitability in the firm’s first financial year-end figures since ousting senior partner Andrew Hoyle. Partners are reeling at provisional average profit per equity partner (PEP) of £220,000, down by almost half a million from 2006-07’s record figure of £712,000. Total turnover has also dropped, from £22.9m […]

Freshfields continues Asian transfers to boost HK

Freshfields Bruckhaus Deringer has continued to beef up its Asian operations through the transfer of partner Stuart Grider from London. Grider made partner in the London office in March this year when Freshfields announced the promotion of 22 partners and will now move to Hong Kong. The move is the latest in a series of […]

Simpson Thacher advises Blackstone on landmark IPO

Simpson Thacher & Bartlett has scooped a role advising longstanding private equity client the Blackstone Group on its US IPO. The flotation on the New York Stock Exchange represents the largest US IPO in the past five years and one of the largest in history. With 133 million units listing at $31 a unit, the […]

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