FFW scores Hennes & Mauritz on Middle East franchise plan

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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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Watson Burton Leeds expansion hits profits

North East firm Watson Burton has published its first statement since becoming a limited-liability partnership (LLP) last year, showing that turnover is up but equity partner profit is down. The turnover was £16.1m for 2004-05, up almost 12 per cent on 2003-04’s £13.8m. However, top-earning partner Andrew Hoyle’s profit share was £582,000 – significantly less […]

West Coast raid boosts Bingham securities litigation

Bingham McCutchen boosted its Orange County office with three new securities litigation partners from a local rival Stradling Yocca Carlson & Rauth. The three hires include Todd Gordinier, a former Los Angeles managing partner of Orrick Herrington & Sutcliffe and Paul Hastings Janofsky & Walker. Gordinier, whose clients include Morgan Stanley, PricewaterhouseCoopers and Hyundai, is […]

Hammonds, Rosenblatts lock horns in media battle

Hammonds and Rosenblatt Solicitors are defending the rival interests of advertising giant WPP and newspaper group Northern & Shell in multimillion-pound actions. Northern & Shell filed a $5.5m (£3.2m) claim, accusing WPP of breach of contract, in the High Court on Friday 9 January, one day after WPP lodged claims in New York against the […]

CC woos neighbour Barclays

Clifford Chance winning the job to advise Barclays on the OFT UK inquiry is not just a simple pitch story. It’s so, so much more significant than that. First off, it’s a blow for Freshfields. Despite all its best efforts, its strategy of getting a major clearing bank on its client list is still without […]

Ginestié and Jeantet enjoy lucrative 2005

French independents JeantetAssociés and Ginestié Magellan Paley-Vincent are both celebrating successful years, as firms in Paris begin to announce their 2005 financial results. Ginestié is set to bring in e14m (£9.6m) after its first year in operation, having been formed from the merger between former DLA ally Ginestié Paley-Vincent & Associés and the smaller Magellan […]

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