French firms face 35-hour week rule

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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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Random House poaches publisher's head of legal

Publisher Random House has appointed its first ever legal director by poaching IPC’s head of legal. Leading in-house media lawyer Roger Field has worked for IPC for more than six years. He is now charged with setting up Random House’s legal department from scratch. He will be joined by former Transworld employee Siobhan Hughes, who […]

Flotations & Financing

Allen & Overy, led by partner David Morley, advised a six-bank group of arrangers, including Citibank, Goldman Sachs, Merrill Lynch and UBS, on the US$16bn bid financing put in place for Spanish oil company Repsol’s bid for Argentina’s largest privately owned company, YPF. Freshfields advised the borrower.

Birchams posts record year profits

Westminster-based firm Bircham & Co has posted record profits for the last financial year. Birchams’ turnover has soared to more than u10m – a 16 per cent increase on the previous year. Targets were beaten in every one of the firm’s departments. Birchams’ partner count has also reached an all-time high of 24 with the […]

Litigation Personal Injury 21/6/99

Tahseen Safdar Choudry v Hillingdon Health Authority (1999) QBD (Buckley J) 27 May 1999 Claimant: Female, new-born at date of accident; 28 years old at date of settlement. Incident: The claimant was born at the defendant’s hospital in January 1971. During the course of her delivery she was starved of oxygen and was born asphyxiated. […]

Winthrops plans UK expansion

US firm Winthrop Stimson Putnam & Roberts has poached Linklaters’ finance lawyer, John White, as a partner as it prepares to move into new premises in the City. The firm’s expanding UK operation will move into a 20-lawyer capacity office at 54 Lombard Street in July. It is looking to further boost its UK finance […]

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