CC withholds partners’ profit share as overheads escalate

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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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Linklaters props up German antitrust with Brussels partner

Linklaters has moved to shore up its German competition and EU law practice following the departure of group head Dirk Schroeder for Cleary Gottlieb Steen & Hamilton (first reported in The Lawyer, Monday 3 November). The magic circle firm has announced that Wolfgang Deselaers will replace Schroeder. Although he is currently based in Brussels, Deselaers […]

Brabners managing partner to chair Eurolegal

Brabners Chaffe Street managing partner Michael Brabner has been appointed as the new chairman of Eurolegal, the European network of independent law firms. Eurolegal comprises 21 member firms in 16 countries. Brabners was a founding member of Eurolegal when the network was set up in 1990.

Carter-Rucks wins case for mayor libelled from on-high

Peter Carter-Ruck and Partners, a firm best known for suing newspapers, has won an intriguing case for a former town mayor who was libelled by a millionaire who attached banners to his private jet saying she was a thief. Jennifer Howlett, a former mayor and town councillor of Castle Point, Essex, won £65,000 in damages […]

Dechert appoints full time pro bono head

Dechert has stolen a march on its City competitors to become the first firm in London to appoint a partner dedicated full-time to pro bono work. Suzanne Turner, a US-qualified lawyer based in London, will be the first full-time head of Dechert’s pro bono practice, covering both Europe and the US. Her practice will focus […]

Freshfields appoints new co-senior partner

Freshfields has announced the election of its new co-senior partner, German managing partner Konstantin Mettenheimer (left). He replaces the current senior partner Christian Wilde and joins Anthony Salz, who has been re-elected to the post. The duo’s first task has been to appoint Hugh Crisp as chief executive, taking the reins from Alan Peck. The new appointments will […]

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