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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

A&O lands role to advise on Collins Stewart Tullett operations demerger

Allen & Overy has landed the key role of advising Collins Stewart Tullett on its proposed demerger. Corporate partner Mark Dighero is acting for longstanding client Collins Stewart Tullett in a move that will see the banking operation separate from the stockbroking business. Dighero told The Lawyer: “Collins Stewart [Tullett] operates in a heavily regulated […]

Bin Shabib becomes first UAE firm in Dubai centre

Bin Shabib & Associates has become the first United Arab Emirates-based law firm to set up shop in the Dubai International Finance Centre (DIFC). Bin Shabib is one of a plethora of law firms that have opened in the DIFC, a financial free zone with its own regulatory regime. Rashid bin Shabib, joint managing partner, […]

Burges Salmon helps set up Islamic financing tool

Burges Salmon has advised on an innovative commercial property Islamic finance product for longstanding client Bristol & West Property Finance. The law firm worked in conjunction with Bristol & West Property Finance and property broker Gamble & Spencer to create a sharia-compliant instrument for the refinancing of two investment properties. The deal size has not […]

A rural revolution

The South West aims to generate 15 per cent of its power from renewable sources by 2010, compared with 3 per cent at present. But planning consent is a bar to progress, says Luke Gabb At the last count, there were around 150 businesses working in renewable energy across the South West and some 100 […]

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James Chapman splits between Halliwells and Brabners

Halliwells and Manchester personal injury specialist James Chapman & Co are to merge in the North West’s most significant legal development for years. However James Chapman’s 19-strong commercial team, including senior partner Maurice Watkins and his trophy client Manchester United, has chosen to join Brabners Chaffe Street in a £2m boost for the firm’s commercial […]

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