Testa Hurwitz partners demand return of capital

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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

Bryan Cave in revenue and profit dip

US firm Bryan Cave’s 2004 revenues have dropped slightly on its record 2003 but firm chairman Don Lents has claimed the year was a success as 2003’s figures included a massive contingency fee. Gross revenue for 2004 was $374m down 2.6 per cent from $384m in 2003. Profits per equity partner fell from $600,000 in […]

The long arm of the law

With jurisdiction boundaries becoming increasingly blurred, managers have to be extra careful that they don’t fall foul of the law. Arun Srivastava reports Managers of global businesses face an increasingly difficult job managing legal risks arising from business operations carried out across national borders. There has been an increasing trend in legislatures in the UK […]

Softly softly spankee monkey

Oh the trials and tribulations of making equity. As if the general back-breaking workload and grovelling required to join the exalted few weren’t enough, it appears that the former Pinsents (pre mad merger with Masons) liked to put its high-rollers through a pre-equity pantomime. The story comes from a lawyer now safely ensconced in a […]

Wedlake Bell international network bolstered by Eastern European firms

Four new law firms have joined the legal network Trans European Law Firms Alliance (TELFA), building on its Eastern Europe expertise. Joining the network are Austrian firm Doralt Seist Csoklich, Bihary Balassa & Partners of Hungary, Romanian firm Mariana Anghel Law Firm as well as Hökerberg & Söderqvist in Sweden. Last year the appointment of […]

Robert Aitken and Stephen Ross: Man Investments

Man Investment’s unusual tack of having huge legal coverage gives it the edge in the investment funds market. Joanne O’Connor reports Man Investments, the hedge fund subsidiary of Man Group, is the world’s leading alternative investments group, with $42bn (£22.25bn) in funds under management. Man Investments has been in operation for more than two decades […]

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