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The capacity market - Tempus State Aid judgement
20 Nov 2018
A decision by the European Court of Justice (ECJ) means that the Government:
- may not run the 2019 capacity market auctions;
- may not make payments under existing capacity market agreements
- may have to recover sums paid under existing capacity market agreements
- may not run the 2019 capacity market auctions;
- may not make payments under existing capacity market agreements
- may have to recover sums paid under existing capacity market agreements
What does Brexit look like now for financial services?
20 Nov 2018
It seems as though it has been a long, long time since the referendum on membership of the European Union: an interminable period of speculation, rumour, threats, dire forebodings. And somehow very little certainty at all about what life will look like after March 2019, ie the date specified in the UK’s notification of triggering Article 50. After March 2019, the UK will (in all likelihood) exit the European Union. We are still in the dark about much of what will result from Brexit for many areas of life. For the financial services and insurance sectors, an optimist might say the picture is becoming slightly clearer. In this article, Roseyna Jahangir, looks at where we are as of 18 November 2018.
Womble Bond Dickinson bolsters financial institutions sector team with new London partner
19 Nov 2018
Womble Bond Dickinson (WBD) has appointed Matthew Williams as a partner in the firm's London office, joining WBD's national banking and financial services team led by partner Julian Kinsey.
WBD supports Chemical Industries Association 'Solutions for our Future' programme
19 Nov 2018
Womble Bond Dickinson's (WBD) chemical sector team have taken part in a programme reporting on the importance of the multi-billion pound chemical industry and the significant impact the sector has on our day to day lives, economic progress, UK operations and the future for the next generation.
Crown Commercial Service appoints WBD to key legal panel
19 Nov 2018
WBD has been appointed to the Crown Commercial Service new £320m wider public sector legal services panel. WBD has been appointed for two of the five lots under this framework which includes the full-service panel for England and Wales and the transport (rail) UK wide panel.
Business Leaders dinner hosted by WBD in midst of Brexit deal debate
16 Nov 2018
Brexit, the draft EU withdrawal agreement and what the immediate future holds for British politics and the Prime Minister were just some of the themes discussed by business leaders on Wednesday evening (14 November) at an event hosted by law firm Womble Bond Dickinson (WBD).
WBD advises TRIG on renewable energy portfolio refinancing
16 Nov 2018
Womble Bond Dickinson (WBD) has advised The Renewables Infrastructure Group Limited (TRIG), the listed UK and European renewables fund, on the refinancing of seven UK onshore wind farms, which are operationally managed by RES.
No deal: or no Brexit?
15 Nov 2018
The UK Prime Minister, Theresa May, emerged from a five hour meeting on 14 November to announce that she had secured "collective decision" by the Cabinet to support the draft EU Withdrawal Agreement. It was immediately clear the "collective decision" was by no means unanimous, and the morning of 15 November saw several resignations, including that of Brexit Secretary Dominic Raab.
Cat amongst the pigeons: a new approach for the procurement of development agreements?
15 Nov 2018
The Court of Appeal has today handed down its long-awaited judgment in Faraday Development Ltd v West Berkshire District Council [Case No: C1/2016/3613]. It's a decision with important potential ramifications for public/private development projects. It's also the first declaration of contract ineffectiveness made under English law.
