Weil Gotshal & Manges reports post-MCI increase in bankcruptcy share of turnover

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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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Part-time students ramp up BPP’s interim results

The parent company of BPP Law School has announced flat profits in its interim results, despite a strong performance by the law division, which has been boosted by an explosion of part-time students. Pre-tax profit at the professional education group for the six months ended 30 June was £5.54m, a marginal decrease on the £5.55m […]

Cisco poised for move to DuPont legal model

Tech company latest to adopt one-firm partnering scheme pioneered by DuPont US technology company Cisco Systems is following in the footsteps of Tyco, Pfizer and Wal-Mart by aping the one-firm-fits-all strategy of the DuPont Legal Model. Cisco’s UK law firms are now set to do battle for the plum position. The firm is likely to […]

Simmons scoops Next share scheme project

Simmons & Simmons has completed an executive share incentive scheme for Next, demonstrating that the firm still has a solid relationship with the retailer despite the fact that Herbert Smith muscled in on Next’s corporate work last year. Herbert Smith won its first job for the FTSE 100 company in October 2002 (The Lawyer, 14 […]

Lovells triumphs on nine-year pro bono case

Lovells has won a criminal injuries claim for a pro bono client nine years after the client’s husband was killed by their mentally incapacitated son. The client, who has pursued a claim for criminal injuries compensation since 1995, was originally denied an award. Lovells lawyer David Vince and trainee David Hartley assisted an oral hearing […]

Bindmans leads Lloyds TSB union in data battle

Renowned human rights firm Bindman & Partners is advising Lloyds TSB’s workers’ union on its legal attack on the bank’s offshore outsourcing, which could threaten the future of the practice. The claimants allege that Lloyds TSB is exporting its clients’ sensitive personal data to India, which does not have the same stringent standards of protection […]

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