Beaumonts makes U-turn on instruction to sue RBS

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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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BLP wrings £3m costs out of ConocoPhillips

Costs totalling some £3m have been awarded to Berwin Leighton Paisner (BLP) and its barrister Lindsay Boswell QC in the longest energy case ever heard before the Technology and Construction Court. Judge Richard Harvey QC, who made the award, ordered that the costs should be paid on an indemnity basis. US energy giant ConocoPhillips, represented […]

White & Case and client APP face contempt of court charge

US firm White & Case has been accused of contempt of court following its representation of Asia Pulp & Paper (APP) in the $6.7bn (£3.74bn) debt restructuring of its Indonesian subsidiaries. A group of US-based APP secured creditors, led by distressed debt funds Oaktree Capital Management and Gramercy Capital Advisors, pushed for the ruling against APP and its […]

Hogan & Hartson boosts Munich with A&O partner

Hogan & Hartson Munich office has added a former Allen & Overy (A&O) corporate partner to its ranks. Henning Mennenöh, who was at Clifford Chance prior to joining Allen & Overy, specialises in corporate and M&A work for pharmaceutical and biotechnology companies. Mennenöh’s hire is part of a concerted effort by Hogan to target the […]

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From librarian to knowledge manager

New technology has made legal librarians think strategically, says Jitendra Valera Senior legal librarians (SLLs) are increasing in importance at their firms as the new knowledge management technologies they govern become more crucial to delivering top-quality legal services. According to recent research by Sweet & Maxwell among the top 100 UK law firms, more than […]

Serco braves its lawyers’ wrath over online tender

Business support services company Serco has hit back at criticism levelled at its new online tender process, which is being used for the selection of its new group legal panel. The UK company has utilised a similar online format for its review as the controversial system used by Royal Bank of Scotland (RBS) last year. […]

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