Eversheds Bristol closure gifts Osborne Clarke with partner…

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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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Outside influence

As a relatively small country, and one which is heavily dependent on inward investment, Ireland has always been affected by outside economic influences, and the IT sector is already feeling the effects of the downturn in the US economy. For instance, Ebeon, a technology firm based in Dublin, was recently forced to cease trading, making […]

Wessing seeks consultancy remedy as merger splits firm

German firm Wessing is bringing in a UK consultancy to rescue it from crisis as partner dissent threatens to split the firm. Disagreement over whether to merge with a UK firm has caused division within the firm and forced a group of partners from the Munich and Hamburg offices into secret negotiations with Bird & […]

Heleniak awaits Shearmans vote

New York firm Shearman & Sterling will vote this week to appoint M&A lawyer David Heleniak as its new senior partner. Present incumbent Stephen Volk has been in the role for 10 years, and under the firm’s partnership deed is allowed to serve only two five-year terms. Heleniak, whose clients include Goldman Sachs, Merrill Lynch, […]

Hall takes over at Gordons Cranswick

Leeds-based Gordons Cranswick has shaken up its management structure by appointing a new senior partner. The role, which up to now has been split between two people, will be taken on by litigation partner John Hall. Former incumbents Richard Wilson and David Coates are quitting the partnership to take up consultancy roles with the firm. […]

Opinion

Are too many individuals being channelled into bankruptcy, when there are alternative routes to recovery? With bankruptcy becoming more acceptable in our economy there is now less stigma attached to it. As a consequence, there is a potential danger that the advice given to individuals in serious financial difficulties may be to declare themselves bankrupt […]

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