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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

Pinsents partner finds common purpose

Pinsent & Co senior partner Julian Tonks has been appointed chair of educational organisation Birmingham Common Purpose. Common Purpose, which runs study programmes in 26 cities throughout the UK in areas such as crime and justice and economy and employment, is aimed at “high-fliers” from the public, private and voluntary sectors. Participants attend a series […]

Financial figures 'misleading'

The PROPORTION of discrete financial services business provided by solicitors remains dwarfed by that of other main providers, say the latest industry figures. Solicitors provided only four per cent of services nationally, compared with 11 per cent from accountants and a massive 31 per cent from independent financial advisers (IFAs), says industry body IFA Promotion. […]

Lawyer slams EU over employment 'lunacy'

ANOTHER case of “EU-inspired lunacy”, due to be introduced through legislation this week, means women will not be able to return to work for at least a fortnight after giving birth, McKenna & Co partner Simon Jeffreys says. Jeffreys, who heads the firm’s employment law department, says a requirement in the Pregnant Workers Directive which […]

PI firms 'run riot' on claims costs

PERSONAL injury lawyers acting for plaintiffs are benefiting from the “rising tide of personal injury claims”, by earning up to three quarters of the legal costs paid out yearly by the insurance industry, says a defendants’ lawyer. Martin Bruffell, personal injury partner at London firm Berrymans, speaking to delegates at the Chartered Insurance Institute conference, […]

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