Pitmans draws yet another from City

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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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EC warns Poland against barring foreign law firms

The European Commission has warned the Polish government that restricting foreign lawyers from practising in Poland would contravene EC regulations. The warning was prompted by concerns over draft legislation to regulate and reform the Polish legal system which, by ruling that legal services can only be provided by Polish lawyers, would effectively force foreign lawyers […]

Lord Rodger brings controversy to role

Edinburgh’s legal community could be in for a shake-up when its new head takes office at the start of this month. Lord Rodger of Earlsferry, a 51-year old bachelor, is a tenderfoot in terms of judicial experience, with less than a year on the bench. But as Lord Justice General and Lord President of the […]

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