Callery v Gray appeal dismissed by Lords

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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 […]

Recommended

Lords overturns appeal ruling on wasted costs

A landmark House of Lords judgment that sheds new light on the law of privilege has overturned a wasted costs order against two senior barristers.It overrules a Court of Appeal decision to impose the order for around £30,000 against Bernard Weatherill QC of Enterprise Chambers and Josephine Hayes of Gough Square Chambers.The order was imposed […]

Grimaldi spurns Clifford Chance life annuity deal

In the latest twist in the Grimaldi Clifford Chance saga, The Lawyer has learnt that former senior partner Vittorio Grimaldi has given up his entitlement to a life annuity from the magic circle firm.Arrangements for Grimaldi’s exit some 10 years earlier than originally planned took months to thrash out before he finally left at the […]

Brobeck loses global co-chair

Troubled US firm Brobeck Phleger & Harrison has lost the co-chair of its global venture capital practice just weeks after the mass defection of 17 partners to Clifford Chance.John Montgomery has left the firm to join 40-lawyer corporate boutique Carr & Ferrell. He will start at his new firm later this month.Montgomery is the firm’s […]

Piper Rudnick faces $9m damages claim

US firm Piper Rudnick is being sued for at least $9m (£5.9m) in damages by the bondholders in bankrupt organisation Greater Southeast Community Healthcare System. Holders of $16.3m (£10.7m) in bonds have alleged that Piper Rudnick was negligent in its handling of a bond deal conducted in 1993.The claim against Piper Rudnick centres on the […]

FIRM PROFILE: Robert Muckle

A management reshuffle has given Robert Muckle a new lease of life At the beginning of April 2002, following an uncontested vote, Ian Gilthorpe, the former managing partner of Newcastle-based Robert Muckle and senior partner Hugh Welch swapped roles (The Lawyer, 18 March). Gilthorpe, now senior partner, has also become business development partner, a responsibility […]

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