DLA, Skadden line up for pharma merger

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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

DLA gets green light for Swiss Verein conversion

DLA Piper partners have okayed plans to move the firm to a Swiss Verein structure, dispensing with plans for global financial integration in the process. Following ;the ;2005 merger of DLA, Gray Cary Ware & Freidenrich and Piper Rudnick, the firm said it would unify its accounting systems. While integration has gone as far as […]

Davis Polk promotes six to partner; one in City

Davis Polk & Wardwell has promoted six associates to the partnership, including one in London. Corporate lawyer Jeffrey O’Brien moved to the London office in 2002 and has spent a year-and-a-half in the Madrid office before returning to the City. O’Brien becomes Davis Polk’s ninth partner in London. Recent deals include advising Spanish gaming company […]

Lovells promotes 82 to senior associate

Lovells has promoted 82 lawyers to senior associate position, with the bulk of promotions being made outside the UK. Forty-seven of the promotions were made in continental Europe, 24 in the UK, six in Asia and the Middle East, and five in the US The promotions follow the firm having made up 46 lawyers to […]

Simmons & Simmons: on the up

So Simmons & Simmons has put its profitability woes firmly to bed. Top of the PEPs Revenue PEP Table So Simmons & Simmons has put its profitability woes firmly to bed. As revealed by TheLawyer.com (26 June 2008), the firm has boosted its average profit per equity partner (PEP) by 22 per cent to £647,000, […]

Clarification

Last week (23 June) The Lawyer reported that 7 Bedford Row (7BR) had witnessed a drop in turnover of 9.7 per cent, down from £15.5m in 2006-07 to £14m in 2007-08. In fact, the figure provided by the set was not like-for-like with the previous year’s figure, as it did not include VAT. Taking VAT […]

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