Dewey hire signals push into China

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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

Partnerships for Schools creates first panel

Partnerships for Schools (PfS), the public body designed to support the government’s Building Schools for the Future programme, has appointed a dozen law firms to its newly created panel. Addleshaw Goddard, Beachcroft Wansbroughs, Bevan Brittan, Dickinson Dees, Eversheds, Hammonds, Kilpatrick Stockton, Nabarro Nathanson, Norton Rose, Pinsent Masons, Trowers and Hamlins and Ward Hadaway have all […]

Urning their keep

Taylor Thomson’s fight with Christie’s is going to appeal, bringing together Sumption and Grabiner for another round in the courtroom. Jon Robins reports on the ongoing battle over a couple of vases Last month’s appeal in the highly-publicised legal action by Taylor Thomson and the venerable auction house Christie’s has been dubbed in these pages […]

Handling Conflict within the Partnership

By Simon Taylor (MA Oxon and MCIArb) and Patricia Wheatley Burt (FCIPD) When things are going well, with profits up and the firm going places, it is very easy to overlook, or even accept, individual idiosyncrasies and conflicting agendas within a partnership. When the cycle turns, however, such issues can too easily turn into crises. […]

Jones Day joins $1bn turnover club

Jones Day‘s 2004 fee income has jumped by 5 per cent to $1.03bn (£540m), making it the latest US firm to smash the $1bn turnover ceiling. Average profit per equity partner also increased by 5 per cent from $923,000 (£483,000) to $969,000 (£507,000). Meanwhile, last month, Jones Day’s London office suffered the loss of another […]

Grapevine

Can Fleck reach the Gold standard at Herbies? As Herbert Smith’s new senior partner David Gold prepares to take office on 1 April, the inevitable question is: what role will practice partner Richard Fleck have under Gold’s leadership? Although Fleck stood against Gold unsuccessfully in last October’s senior partner elections, Herbert Smith claims that they […]

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