Clifford Chance hit by West Coast defection

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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?

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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…

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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; […]

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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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Clifford Chance profits crash below £600,000

Profits at Clifford Chance have tumbled by 13.4 per cent, nose-diving to £558,000. The firm reported the precipitous decline in income, compared to the average profits per partner (PPP) £644,000 in the previous year, as it revealed that billings for the year ended 30 April 2004 had fallen just marginally by 2.9 per cent. Stuart […]

Bird & Bird raids French independent for lateral

Bird & Bird’s Paris office has scooped the head of the data protection group from powerhouse IT boutique Alain Bensoussan Avocats. Partner Ariane Mole and one assistant will join Bird & Bird at the beginning of June. Prior to her time at Bensoussan, Mole worked for the European Commission where she assisted with the creation […]

Pinsents man in City shift to spearhead financial litigation push

Pinsent Curtis Biddle is relocating its national head of dispute resolution and litigation Nigel Kissack from Leeds to London in a bid to increase its penetration into the City’s financial litigation market. Kissack’s move represents a major push by Pinsents towards financial and capital markets disputes. Until now, the firm’s litigation department has focused largely […]

The Lawyer Corporate Intelligence Network

The Lawyer Corporate Intelligence Network is running a one-day management masterclass for senior in-house lawyers on 25 May. ‘How You Can Become More Trusted and Valuable Within Your Company’ will focus on how in-housers can add value, become a more integrated part of the management team, benchmark and measure the value of their team, and […]

Linklaters: average profits fall on unchanged turnover

Linklaters has joined a growing band of law firms reporting flat gross for the financial year after billings remained unchanged at £720m. Average profit per partner for 2003-04 reached £640,000, a 12.8 per cent decline on the previous 12 months. Turnover crept up by 0.3 per cent. Partners at the top of equity will be […]

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