Ashurst and CC profit from Genting’s Stanley bid

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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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Paul Hastings, Weil lawyers form Paris boutique

A new French boutique is being launched with teams from Paul Hastings Janofsky & Walker and Weil Gotshal & Manges. Armfelt & Associés begins operations on 15 September and sees three partners from Paul Hastings join forces with Weil partner Pierre-Alain Bouhenic, as well as two Weil associates and one Sullivan & Cromwell associate. Bouhenic […]

A&O risks conflicts row on United Biscuits dual roles

Allen & Overy (A&O) has been shaken by another conflicts wrangle after taking dual instructions on the multimillion-pound auction of United Biscuits. A&O, led by corporate partner David Wootton, is advising long-term client United Biscuits, the maker of McVitie’s biscuits and Hula Hoops, on its multimillion-pound auction. However, it has emerged that the firm is […]

Grapevine

So Ralph Baxter has taken another step in his quest for world domination, or, more importantly, dominance over Nigel Knowles. Yesterday the chairman of Orrick Herrington & Sutcliffe joyously confirmed to The Lawyer that his firm is in preliminary merger discussions with New York’s Dewey Ballantine in a move that could create a new legal […]

Tug-of-law

The M&A boom has seen the biggest merry-go-round in the magic circle for years. By Husnara Begum The recent of wave of M&A activity has created opportunities for in-house lawyers and external legal advisers alike. Two of the biggest winners are arguably Nick Deeming and Robert Herga of industrial gases giant BOC Group and UK […]

Diageo builds globally with first India-based legal counsel

Diageo is ramping up its Asia-Pacific in-house legal capability as the it undergoes a global shake-up of its legal function, appointing its first Indian-based counsel and creating two new positions in China. The company has hired India-based Chetan Nagendra from the Bangalore office of local firm Amarchand Mangaldas. Nagendra becomes the fifth Asia-Pacific in-house lawyer […]

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