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Latest Briefings

European Court of Justice voids European Commission’s decision to grant state aid authorisation for the 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 to 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

Donald Shaw: Dundas & Wilson

Who is your hero and why?Horatio Nelson – for innovation and indomitable spirit in sometimes doing the unthinkable when he knew he was right. Dundas & Wilson” />What was your first-ever job?One hour collecting glasses in a bar for £5. What was your worst experience as a trainee?I once worked on a particularly unpleasant divorce […]

Firm profile: Shulmans

Jeremy Shulman started up Shulmans Solicitors 25 years ago as a corporate and commercial boutique. Jeremy Shulman started up Shulmans Solicitors 25 years ago as a corporate and commercial boutique. Shulman is now the Leeds-based firm’s chairman and has led it with managing partner Tim Halstead for almost as long. Halstead has been with the […]

Privacy issues

On 20 November, to gasps from the House of Commons, the Chancellor of the Exchequer announced that HM Revenue and Customs (HMRC) had lost two CDs containing a copy of its entire child benefit database. This is one of the largest ever breaches of personal information security, anywhere in the world. The resulting vigorous public […]

O’Melveny loses third New York partner to Dechert

Dechert has strengthened its corporate group in New York with the hire of a senior partner from O’Melveny & Myers. Dechert has strengthened its corporate and securities group in New York with the hire of a senior partner, Drake Tempest, from O’Melveny & Myers. Tempest, who joined Dechert today (28 January), was also previously general […]

FSA guns for TTP duo for insider dealing

The Financial Services Authority (FSA) has launched its first criminal prosecution for insider dealing, accusing the former general counsel at telecoms company TTP Communications of profiting from insider information. Christopher McQuoid appeared at the City of London Magistrates’ Court on Tuesday (22 January) on a charge of insider dealing, along with his father-in-law James William […]

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