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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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Ernst & Young sacks half US in-house team

INTERNATIONAL chartered accountancy firm Ernst & Young has surprised the legal world by slashing its US in-house department by more than one half. Thirty-seven of the firm’s 65 lawyers were called in on the 10 October Columbus Day holiday and dismissed. The firm’s national director of public communications, Mort Meyerson, says although staff had no […]

Justice urges appeal reforms

CAMPAIGNING group Justice is demanding radical reforms to the workings of the criminal Court of Appeal. Changes to the leave stage, the role of the single judge and clarification of the grounds of appeal are among many proposals outlined in its report, ‘Remedying miscarriages of Justice’. Justice also sets out its blueprint for the new […]

Infrastructure advisers enjoy business boom

Law firms which advise on private infrastructure developments, such as power stations, pipelines and airports, enjoyed a business boom in 1993-1994, according to a new financial survey. Firms earned legal fees worth hundreds of millions of pounds advising on a thousand billion dollars’ worth of projects, says the report in Privatisation International magazine. Baker & […]

Rowe & Maw opts for Elite package

Maya Mounayer US firm Elite Data Processing has won the contract to supply City firm Rowe & Maw with a new billing system. Project “Trident”, using software from Elite, will replace the current Wang system by March 1995. The Trident plan incorporates a relational database accounting system with a PC network-based front office suite of […]

Property

Standard Life, advised by Herbert Smith, has bought for over u9m the freehold in a 139,000 sq ft warehouse scheme in Mollison Avenue, Enfield from Sainburys’ subsidiary JS Developments, advised by Lovell White Durrant.

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