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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 […]

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Corporate

Most M&A pundits could not believe their luck in 2005-06. But surely the frothy market could not hold? It did – and although there are more doomsayers than ever predicting the end of the corporate boom, 2006-07 was the strongest year on record for most corporate firms. Taken in aggregate, the top 20 corporate practices […]

Nigel, Keith and the Arsenal oligarch

It’s back to school this week, and it’s good to see libel kings Schillings starting the new term with a bang. For shockingly, Keith Schilling has been tempted out of his Soho bunker. The entire firm has decamped from its old offices (just a stone’s throw away from the Groucho Club, darlings) to a swanky […]

Private client and family

After months of headline-grabbing, record-setting divorce cases and discrimination disputes, such as the £48m Charman divorce award, private client and family law still remain in a state of flux. In July the Law Commission revealed recommendations for cohabiting couples who split up, saying they should be given the equivalent rights as divorcing couples, while the […]

Ashurst scoops Freshfields partner in new Frankfurt push

Ashurst has raided Freshfields in Frankfurt, scooping tax partner Matthias Kuhn as it continues to build its German operation. Kuhn will become the silver circle firm’s second tax partner in Germany and brings the total number of partners there to 19. Ashurst has been on an aggressive recruitment push under Germany managing partner Simon Beddow, […]

Herbies set to expand TMT expertise into Dubai and Japan

Herbert Smith has set its sights on Asia for a technology, media and telecoms (TMT) push by hiring a senior lawyer in Dubai and planning to boost its presence in Japan. Practice head Nick Elverstone said: “We set up the media part of the TMT group in London about two years ago and we want […]

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