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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

Leading the market in the North

When it comes to the regions, it is difficult to imagine a more competitive marketplace than Leeds. Yet not content to simply defend their regional turf, the major Leeds firms are setting their sights on the City and Europe. It is generally acknowledged that there are six main players in the Leeds market: Addleshaw Booth […]

Stephenson Harwood adises on collision

Stephenson Harwood, Clyde & Co and Ince & Co are attempting to unravel the mass of claims flooding in following last week’s shipping accident in the Channel. Cruise liner Norwegian Dream, owned by Norwegian Cruise Lines, was in collision with Ever Decent, a cargo ship owned by Evergreen Marine Corporation, which was carrying toxic chemicals. […]

In brief: Gateley Wareing

Gateley Wareing has appointed a new head of commercial litigation from Edge Ellison. Steve Goodrham joins the firm as an associate to raise the profile of the dedicated commercial litigation unit within the litigation services group.

Putting a bet on CFAs

Last week, Linklaters’ head of advocacy, Mark Humphries, bought a racehorse and called it “No Win, No Fee”. His purchase coincides with his firm’s announcement that it will be the first magic circle law firm to advise clients to enter into conditional fee agreements (CFAs) as policy in certain cases. Linklaters is hedging its bets […]

City firms fear delay at Companies House move

City law firms are warning of delays in completing deals following the closure of records office Companies House in London. The shutdown, say firms, is bound to hold up transactions. Hard copies of documents will be available from Companies House in Cardiff. But lawyers say delays getting details to London will affect mergers and acquisitions. […]

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