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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

It's been a bad week for…

The Crown Prosecution Service, which this week was attacked for allowing people facing charges to go free because of errors. The CPS inspectorate found that in some cases the accused had to be released because lawyers had miscalculated how long they could be held, and that one in four charge sheets prepared by CPS lawyers […]

Eversheds unveils five-year plan for European campaign

Eversheds is pumping funds into 15 “A-list” departments and curbing investment into the firm’s other 20 legal disciplines. The firm has drawn up a number of “priority” areas which will receive increased funding as Eversheds progresses with its plans to expand into Europe, specifically Italy and Germany (The Lawyer, 24 May). However, the firm refuses […]

Morgan Lewis loses key partner

The head of commercial property at the London office of US firm Morgan Lewis & Bockius, Stephen Turner, is to join Baker & McKenzie. It is understood that Morgan Lewis has still to decide who will take over Turner’s position. The firm has no other lawyers advising on property. Turner says he is taking clients […]

Guernsey and Jersey firms to form first inter-island alliance

A Jersey and Guernsey firm have formed the first alliance between Channel Islands firms. Jersey firm Olsen Backhurst Dorey and Guernsey practice Ferbrache Morgan have come as close to merging as possible within the rules of the offshore centres’ law societies and bar associations. Ferbrache Morgan will now be known as Olsen Ferbrache Morgan and […]

Cameron McKenna stalls equity changes

Cameron McKenna has failed to pass changes to its equity partners status in a first vote. The changes, which will abolish the distinction between senior and junior equity partners and increase the bonus pool, were first revealed by The Lawyer (6 September). A first vote last week resulted in 70 per cent of the partnership […]

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