Skadden’s City office welcomes three new counsel

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Latest Briefings

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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A&O does speedy work on canary wharf deal

Allen & Overy (A&O) has advised the lead arrangers on the latest securitisation of the Canary Wharf Estate. The firm advised Morgan Stanley and Lehman Brothers on the £726m tap issue and the redemption of £574.6m worth of existing bonds that are backed by seven properties on the Canary Wharf Estate. Partner David Shearer led […]

Raft of firms benefit from mining mega-deal

The latest mega-deal in the mining industry has gifted roles to a group of elite US and Canadian firms. US aluminium giant Alcoa has instructed Skadden Arps Slate Meagher & Flom and Cleary Gottlieb Steen & Hamilton to advise it on its $33bn (£16.54bn) unsolicited bid for Canadian rival Alcan. Stikeman Elliot is advising Alcoa […]

Slaughters hikes salaries to stay in touch at the top

Slaughter and May has sent out letters to its associates outlining their new salaries, which just fall short of the majority of the magic circle’s. Last week’s (1 May) long-anticipated announcement, the firm’s second in six months, sees Slaughters gift its newly qualified associates a 5.8 per cent rise, taking base salary to £63,500 from […]

The financial forecast

Take a deep breath. The reporting of year-end figures has kicked off. Here are some predictions. This will be a record year for much of the City. At least 10 firms will gift their top partners more than a million for the first time and be able to put two fingers up to the Americans. […]

Lawrence Graham thinks letters are better

Google ‘LG’ and what do you get? Surprise surprise, an electronics firm. Not a law firm. But you might be forgiven for confusing the two now that Lawrence Graham has gone all funky and cut out all those unnecessary vowels and consonants. LG’s thinking is that the market has been calling it LG for years […]

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