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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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Sidley Austin raids raft of firms for Houston energy launch

Sidley Austin is to open a Houston base that will focus on energy-related work, staffed by partners hired from firms including Akin Gump, Baker Botts and Vinson & Elkins. The office will initially be staffed by seven founding partners. They are: Mark Glasser, until now a partner and co-chair of the energy litigation section at […]

Tonucci picks up Grimaldi partner as Milan chief

Tonucci & Partners has become the first firm to announce the hire of a partner from Clifford Chance’s former Italian ally Grimaldi e Associati, which dissolved in December. Corporate finance and M&A lawyer Annalisa Pescatori is joining Tonucci as a partner to head up the firm’s Milan office. The Milan managing partner position is a […]

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DAC Beachcroft wins prayer fight for atheist councillor

DAC Beachcroft has convinced the High Court that to hold prayers before council meetings is unlawful under the Local Government Act (1972). The National Secular Society instructed partner Stephen Hocking to challenge Bideford Town Council in Devon over whether it could hold prayers as part of the normal course of the meeting. Matrix Chambers’ David […]

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Shearman investigates viral email trainee

Shearman & Sterling is investigating the trainee who was part of a group of City workers whose list of holiday rules for a lads’ holiday went viral yesterday, ending up as national news. A private, joke memo by a group of City workers, which detailed “tour rules” for an upcoming holiday, was leaked by one […]

Many are called, few are chosen

UK firms among the few big earners on Irish asset agency’s extensive panel Ireland’s National Asset Management Agency (Nama) has one of the biggest legal panels around. But anecdotal evidence suggests only a fraction of the firms appointed actually get any work. The agency appointed 64 Irish firms to its panel to advise on the […]

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