Hammond Suddards set for Paris 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 […]

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Bradford & Bingley sets up commercial law panel

Bradford & Bingley is setting up its first ever formal legal panel for corporate and commercial work. The bank currently uses a number of firms on an ad hoc basis, but it will now instruct only those firms that make it onto the panel. Last year Bradford & Bingley, which demutualised late last year, slashed […]

LETTERS

Smile – you’re in The Lawyer As an avid reader of your paper, if only to marvel at just how different the profession you portray and the bulk of local practice actually is, I was struck by just how serious a business the upper 5 per cent of the law now appears to be. In […]

Mcdonald's

One might assume that Reed Smith Warner Cranston won a place as adviser to McDonald’s on its purchase of a stake in Pret A Manger due to the recent US merger, but that is not the case. Peter Borrowdale, formerly the head of Sonnenschein Nath & Rosenthal’s London office, which closed in September 1999, brought […]

Finnegan’s stake

The head of Osborne Clarke‘s new Silicon Valley office has more than one thing in common with the firm’s managing partner Leslie Perrin. Like him, Angus Finnegan was rejected by the firm when he applied for a training contract and, again like Perrin, he went back for more and has since rocketed to the top. […]

COMPUTER SCIENCES CORPORATION

Although McDermotts acted as lead corporate adviser to CSC, Baker & McKenzie (B&M) also picked up a chunk of antitrust work. The deal involved many competition assessments, clearances in Germany, Ireland and Austria and a host of firms, but B&M played a pivotal role by coordinating the merger’s antitrust activities through its competition unit and […]

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