Shearman loses M&A star to Hogan

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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 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 […]

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Under fire

Dwindling profit has forced Cobbetts to make redundancies. But will it be enough to turn the firm’s ailing fortunes around? This is one Manchester firm which is not a success story. Cobbetts has spent the past 10 years growing – and growing, and growing. Since 1999, turnover has risen by 488 per cent, from £11m […]

Web week 10/07/06

The Lawyer‘s Web Week is a weekly commentary on legal activity on the web. This includes an overview of the best of the week’s blogs. If you want to direct us to useful links, email webweek@ thelawyer. com. Pepsi can’t stomach the deal thing Widely reported in the news this week was the attempt by […]

BLP faces £3m client refund

Berwin Leighton Paisner (BLP) may be forced to pay back up to £3m to long-standing client Alpha Airports for damages claimed to have arisen from the firm’s advice on a £7.5m catering contract with Icelandic charter airline Excel Airways. Alpha had its shares suspended in April until this week and has seen three top executives […]

McGrigors hires FFW property partner

McGrigors has bagged property finance partner William Greig from Field Fisher Waterhouse to add to its banking and finance team in London. He will work on property investment and development deals. Greig also has experience in outsourcing and PFI projects. McGrigors’ banking and finance team comprises four partners and 15 associates.

Macfarlanes builds on Oaktree link with Sara Lee instruction

Macfarlanes has consolidated its fledgling relationship with Oaktree Capital Management after landing its second instruction from the US private equity house. The firm is advising Oaktree on the acquisition of the European packaged meats business of Sara Lee Corporation for $575m (£311.4m). Oaktree will acquire the business through a 50-50 joint venture with US pork […]

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