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Latest Briefings

European Court of Justice voids European Commission’s decision to grant state aid authorisation for the 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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Geza the Caesar

As The Lawyer revealed today, almost a quarter of the UK’s lawyers want to quit the law. See story. This astonishing statistic has been picked up by the media all around the world, from The Today Programme to newspapers in Japan. But we’ve found one lawyer who left the law and came back. Geza Toth-Feher […]

Weil loses private equity partner with departure of Rosen

Weil Gotshal & Manges‘ London-based private equity partner Will Rosen is set to leave the firm, having handed in his notice today (3 July). Rosen, who has been with the firm since its London launch in 1996, is one of Weil’s most prominent private equity partners, along with office managing partner Mike Francies, former Travers […]

Freshfields girds itself for age discrimination fight

Freshfields Bruckhaus Deringer has increased the number of witnesses it intends to call for the age discrimination claim of former insolvency partner Peter Bloxham, which starts a week today. It is understood that Bloxham’s claim relates to the controversial pension reforms that the magic circle firm instigated last year, but neither Bloxham nor his lawyer […]

Skadden and Sullivan bag key roles on Och-Ziff IPO

Skadden Arps Slate Meagher & Flom has secured a key role on the latest flotation of an alternative investment group. New York-headquartered hedge fund group Och-Ziff yesterday filed its intention to list as a publicly traded partnership on the New York Stock Exchange in a deal that could value it at as much as $20bn […]

BBC Worldwide restructures as legal chief bags promotion

The BBC’s director of business and legal affairs Sarah Cooper has been promoted to chief operating officer (COO) at BBC Worldwide. The role, which has been newly created, will see Cooper directly responsible for all of BBC Worldwide’s corporate operations including legal and business affairs, talent accounting and corporate governance. Cooper’s former position as director […]

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