Chester firm succumbs to buyout by Hill Dickinson

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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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The price of taking solicitors' time free

The Law Society headquarters at Chancery Lane has its charms and membership has its privileges. The 172-year-old legal institution has the look and aura of a refined gentleman’s club – some councillors have served for almost 20 years, their expenses generously reimbursed throughout that time. But the price they pay is up to six weeks […]

Lawrence Graham lawyers advise councils to take on trusts

Councils struggling to fund public services, such as residential homes for the elderly and art galleries, can ease the burden by turning them into charitable trusts, according to a report by London law firm Lawrence Graham. The report, which was written by lawyers Simon Randall and Phillip Heath, says benefits of transferring services to a […]

Irish Minister loses appeal against £6m tribunal costs

The Taxing Master of the Irish High Court has gone against the country’s Finance Minister by approving a £6m legal fees bill for a tribunal that lasted more than 200 days. The bill will be met by the taxpayer. The tribunal was set up to investigate allegations of fraud, tax evasion and misuse of EU […]

Rewards for loyalty could pay dividends

Six months ago, US firm White & Case announced that it was to hike newly qualified salaries up to £45,000 as part of its drive to attract UK lawyers. The move was greeted rather circumspectly by City firms, which, in general, hoped it was a trend that would not catch on in the top London […]

IBA sponsors Seabrook in bid to stop Sri Lankan media bill

The IBA has paid for a former Bar chairman to visit Sri Lanka on a joint mission with the Bar Council, to observe a Supreme Court challenge to a new “repressive” bill designed to control the media. Robert Seabrook QC was in Colombo as an IBA/Bar council monitor to ensure that proceedings surrounding the chal- […]

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