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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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Manches

Manches represented Durlacher on establishing a separately funded vehicle to invest in the European applications service providers (ASP) market. The new venture, entitled App-X, has received £10m from private investors, which will eventually hold a 62.5 per cent stake in the vehicle. Durlacher has invested £600,000 in cash and a percentage of its minority stakes […]

First-name terms give partners better returns

Every law firm is in the “people business” and those who fail to identify that are holding themselves back for the future. Interpersonal relat-ionships are absolutely fundamental. This means that partners and those in authority need to be approach- able and positive, and display the best of human characteristics. This may mean breaking down some […]

Case of the week

Eleven years after the death of 96 football fans in the Hillsborough disaster, a jury has failed to reach a decision on whether the senior police chief in charge of the crowd was responsible for the tragedy. David Duckenfield, the former South Yorkshire police chief superintendent was charged with manslaughter. Alun Jones QC, prosecuting, failed […]

Herbert Smith

Herbert Smith represented Marsh & McLennan Companies (M&M) on the sale of both Vincula House and the Bowring Building, Tower Place, London EC3 to Tishman Speyer Properties. The agreement included the leaseback of part of the site on which M&M will base its European corporate headquarters. The company will take a 25-year lease on the […]

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