Burges Salmon set for India, China advance

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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

Dechert cuts 19 lawyers in the US

Dechert has announced that it is laying off 19 lawyers across its US network of offices. In a statement today a Dechert spokeswoman confirmed: “The firm is laying off 19 lawyers in the US, primarily due to a reduction in demand that has affected most if not all of the legal industry.” The lawyers are […]

Lovells and DLA Piper announce redundancies

DLA Piper announce redundancies” />DLA Piper and Lovells have joined the growing list of law firms embracing ­drastic job cuts as a means of shoring up their businesses. As reported on The Lawyer.com (9 February), Lovells has begun a redundancy programme that will see up to 94 London staff lose their jobs. DLA Piper, which […]

Australia Special Report: Downturn under

Thanks to their investments in Asia, Australian firms have so far steered clear of the worst effects of the recession. But they certainly won’t be seeing another boom year, says Kelly Parsons. Australia’s top law firms have so far enjoyed relative immunity from the recession-centred challenges ­facing firms in other ­common law jurisdictions. But with […]

 

Rank Firm Global rev ($m) % change on 2007 Global PEP ($K) % change on 2007 1 Skadden 2,020 1 2,050 -10 2 Latham & Watkins 1,900 -4 1,800 -21 3 Sidley Austin 1,480 7.4 NA 4 White & Case 1,460 7 1,590 -4.8 5 Kirkland & Ellis 1,320 3 2,550 0 6 Mayer Brown […]

Ex-Debevoise employee strikes back with counterclaim

Solicitor Joan Leopold has filed a counterclaim to US firm Debevoise & Plimpton’s claim against her, which relates to work she undertook for the firm in 2007. As reported by The Lawyer (19 January) Debevoise alleges ;that ;Leopold breached a confidentiality agreement concerning work she handled for the firm over a three-month period. Leopold ;worked […]

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