Osborne Clarke loss prompts focus shift

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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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Opinion

The big casino players will be clamouring to invest once the Gambling Bill has been ironed out The Gambling Bill has exposed schisms in the Government. Its has also highlighted entrenched departmental characteristics. HM Treasury wants tax revenue; the Office of the Deputy Prime Minister (ODPM) wants urban renaissance; the Department for Culture, Media and […]

Addleshaws predicts £400K PEP for 2004-05

Addleshaw Goddard is predicting an average profit per equity partner (PEP) of £400,000 after the firm posted a 13 per cent increase in turnover in the first half of the year. During the last full financial year, Addleshaws’ PEP after exceptional merger costs was £302,000 (the PEP before exceptional costs stood at £321,000). As first […]

McGrigors’ London base sees turnover boosted by one-third

Mcgrigors has seen a massive upsurge in London work, with City turnover growing by 30 per cent in the past year as firmwide turnover rises by 5 per cent to £42.4m. McGrigors’ financial year ends on 30 September. Of its total turnover, around £18.2m came from London and £24.2m from outside the capital. London now […]

Harmony considers riposte as Hogan deflects Gold Fields claim

Tempers were frayed in a New York court room last week as South African mining company Harmony deflected litigation aimed at derailing its hostile bid for rival mining company Gold Fields. Harmony and its lawyers Hogan & Hartson and Simpson Thacher & Bartlett are now considering further action against Gold Fields’ lawyers Linklaters and Skadden […]

Brooke LJ warns lack of funding is placing UK courts in crisis

The vice-president of the civil division of the Court of Appeal last week sounded a warning on the future of the civil justice system, saying it was in a state where “things can only get worse”. Lord Justice Brooke was giving the Society for Advanced Legal Studies’ annual lecture, in which he said that the […]

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