Shearmans and Skadden Arps win Citicorp deal

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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 […]

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Delhi reshuffle

Ashurst Morris Crisp has reshuffled its Delhi operation, with the appointment of Judith Sharrock as resident partner in its Delhi liaison office. Sharrock replaces senior assistant solicitor Andrew Studd, who has returned to join the India team in London, headed by Ian Scott and Geoffrey Picton-Turberville. Its senior India adviser, Ashok Mubayi, has also moved […]

November Group takes U-turn on SIF

The November Group of 35 City firms, until now committed to an open market solution to the problem of indemnity insurance, is considering giving support to a revamped mutual fund. For two years, the group has campaigned for the abolition of the Solicitors Indemnity Fund (SIF) and earlier this year commissioned a study from insurance […]

Drug-driving holds heavy risks

Roger Pearson looks at the implications of the most recent drug-driving ruling and the problems of ensuring that justice is carried out The risks faced by drink-drivers are well understood, but a recent High Court decision has revealed that drivers who smoke cannabis are running far greater and less known risks than those who drink. […]

In brief: Four new partners at Palmer Wheeldon

Cambridge firm Palmer Wheeldon has appointed four new partners and promoted its head of company and commercial law Philip Speer to senior partner, replacing Nick Houlder who has left to set up his own children’s law firm Houlder Ameer.

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