CGNU demands force Hugh James Ford Simey to split

CGNU has prompted the demerger of Wales and South West firm Hugh James Ford Simey

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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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Osborne Clarke cancels drawings

Osborne Clarke has taken the step of cancelling its partners’ quarterly drawings as a precautionary measure against the economic downturn The measure applies to all equity partners across the board, and if evened out over the course of the year, it would equate to some 20 per cent of a partner’s total earnings.Senior partner Leslie […]

Deals summary

Nicholson Graham & Jones (Piers Coleman) acted for Heron Portfolio Investments on the sale of its building occupied by the Office of National Statistics to Royal & SunAlliance Life & Pensions. Linklaters (Alex Smalley, Julian Innes-Taylor) acted for the buyer. Lovells (Michael Stancombe), Berwin Leighton Paisner (Clayton Beerman) and Nabarro Nathanson (Richard Johnson) advised Coal […]

Worth fighting for

Zimbabwean lawyer Lydia Zigomo is taking a stand against President Mugabe’s corrupt regime despite the threat of violent repercussions Isn’t life hard for the average City lawyer at the moment? There’s so much to think about. Even if turnover is going to hit budget by the end of the financial year, profits are probably going […]

Travers in record NTL recapitalisation

Travers Smith Braithwaite has been appointed to the $20bn (£14.2bn) recapitalisation of NTL, which is considered to be the biggest debt restructuring ever The telecoms company is a longstanding corporate client of Travers, but such a massive restructuring is a major coup for the corporate recovery team.The Travers team is led by head of corporate […]

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