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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

Blackstone bags ECJ judge for ADR drive

Former European Court of Justice (ECJ) judge Sir David Edward QC has joined Blackstone Chambers as a full-time tenant. He will focus solely on arbitration, bolstering the set’s growing alternative dispute resolution expertise. In 2002, Blackstone tenant and former head Presiley Baxendale QC became a full-time mediator. Edward served as an ECJ judge from 1992-2004, […]

Lords stand firm on legal advice privilege

The House of Lords today reaffirmed the rules governing legal advice privilege in its full judgment in Three Rivers. As indicated in July, the Lords overturned the decision of the Court of Appeal regarding the disclosure of communication between Freshfields Bruckhaus Deringer and client the Bank of England. They clarified that the law as set […]

Slaughters rejigs lifestyle committee

Slaughter and May has reshuffled its lifestyle committee following the departure of competition partner Laura Carstensen and the decision by the group’s informal chairperson Frances Murphy to step down. Murphy has been replaced by corporate partner David Wittmann, although she remains a member of the committee. Carstensen, who left last December for lifestyle reasons, has […]

ING to City firms: don’t worry about conflicts

ING Group’s UK legal chief has moved to allay law firm fears about accepting instructions against the major banks. Speaking to The Lawyer, Adrian Marsh, head of legal for ING’s UK wholesale business, said City firms are being overly concerned, and while ING’s terms of engagement prohibit firms from accepting instructions against the bank, it […]

DLA recruits four senior associates from Linklaters Cologne

DLA has hired three junior partners and a managing associate from Linklaters’s Cologne office. Junior partners Markus Beaumart, Thomas Jansen and Tobias Entzian, along with managing associate Bernd Borgmann join DLA’s Cologne office as partners early in the new year. A Linklaters source said that the role of junior partner in Germany was equivalent to […]

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