Wragge & Co rainmaker quits to join Hammonds

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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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Kirkland takes lead in Cable & Wireless US auction

Kirkland & Ellis is spearheading the auctioning of Cable & Wireless’s US operation after the group last week filed for Chapter 11 bankruptcy protection. Kirkland restructuring partners James Sprayregen and Bennett Spiegel are leading the instruction for the debt-ridden Cable & Wireless America (CWA), which was first considered for sale by parent Cable & Wireless […]

Corporate/Competition Review 2003: Corporate comment

Aside from the battle for Safeway and the Carlton-Granada merger, it has been a pretty quiet year in corporate, even if, like Allen & Overy (A&O), you insist on acting for more than one party on deals. It is safe to say that if you are not a private equity lawyer, you have had plenty […]

Finers suffers loss of property head to BLP

In a blow to Finers Stephens Innocent, the firm’s highly-rated head of property David Battiscombe has resigned to join Berwin Leighton Paisner (BLP). Battiscombe has built up an impressive practice at the 30-partner West End firm, acting for the likes of property company MWB, LA Fitness and developer Wharfside Regeneration. However, his move to a much larger base with a strong […]

Primus ditches in-house legal function

Primus Telecommunications’ European general counsel Ashraf Mohammed is the latest victim of in-house pruning, leaving the company with no legal function. Mohammed joined the company three and a half years ago from key external adviser Campbell Hooper and leaves amicably after completing a major restructuring of the company. “Primus don’t need a European general counsel,” […]

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