Ashurst Morris Crisp joins US merger race

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Latest Briefings

Update on EC proposals to amend UCITS, AIFMD, EuVECA and ELTIF to facilitate cross-border distribution

On 12 March 2018, the European Commission issued a proposal for a new regulation (the Regulation) and a new directive (the Directive) concerning the cross-border distribution of collective investment funds amending inter alia UCITS (the UCITS Directive), AIFMD, EuVECA and EuSEF (the Proposals). Please find below a summary of the main changes under the Proposals. What will change under the Proposals?

MEES: What information is required to register an exemption?

By Maria Connolly Since 1 April, it has been unlawful for a landlord to let a property with an EPC rating of below E, unless an exemption has been registered on the PRS Exemptions Register. The government has released guidance on the evidence required to register an exemption on the PRS Exemptions Register…

Getting the Deal Through: Fund Management 2018, Luxembourg edition

Fund Management traces the regulatory and legislative obligations facing fund managers balancing the need to maximise investment returns whilst also ensuring adequate investor protections in an increasingly challenging regulatory environment. Topics are written by leading experts and include: authorities responsible for fund regulation; licensing processes; territorial scope of regulation; required authorisations of fund marketing activities; […]

Financial Regulatory News Updates – April 2018

The Financial Regulatory News Updates: an overview in which Loyens & Loeff’s Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets…

Dutch coal exit proposed by new draft bill

On 19 May 2018 the Minister of Economic Affairs and Climate Policy (hereinafter: ‘the Minister’) published its draft bill (in Dutch only) on the Prohibition of the use of coal by power producers for public consultation (hereinafter: ‘the draft bill’). The basis of the draft bill derives from international (the Paris Agreement in 2015) and national (the […]

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Herbert Smith advises Stagecoach in US drive

Herbert Smith, Simmons & Simmons and US firm Simpson Thacher & Bartlett have won a race against time to put Stagecoach on the road in the US. The firms advised on the transport group’s u1.16bn takeover of Coach USA. The deal was completed in just three weeks in the face of other competing bids. Herbert […]

Time to curb the personal litigant

The increasing cost of litigation and the proposed draconian reforms to the UK’s legal aid system are forcing many citizens to either abandon legal action altogether, or – increasingly commonly – encouraging them to take the hazardous but rather less costly route of becoming a personal litigant. As the courts system is likely to witness […]

Shoosmiths to relocate PI and recovery unit after contract win

Shoosmiths & Harrison is planning to relocate the bulk of its personal injury (PI) and uninsured loss recovery (ULR) work to a new office in Basingstoke by the first quarter of the year 2000. Lawyers who refuse to move from the existing operations at Shoosmiths’ Solent and Reading offices face redundancy as those offices will […]

CC seeks IT compatibility for merger

Clifford Chance is updating its IT system – and is on the lookout for one that will be compatible with the technology used by proposed merger partner, US firm Rogers & Wells. Clifford Chance has yet to make a decision on which practice management system it will eventually choose, but Chris Hoad, senior development manager […]

French govt gives MDPs green light

The long-awaited report from the French Government on multidisciplinary practices (MDPs) is believed to have given the concept the green light only weeks after it was vetoed by the French bar. French newsletter Juristes Associes claims to have seen an advance copy of the Nallet Report, which will not be officially released until a few […]

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