Bevan Brittan chief exec voted out; new profit 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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Heller Ehrman in merger talks with Mayer Brown

US firm Heller Ehrman is understood to be in talks with Mayer Brown, just two weeks after the collapse of Heller’s talks with Baker & McKenzie. London-based global vice chairman Paul Maher refused to confirm or deny the tie-up, adding: “We don’t comment on rumours or speculation.” San Francisco, California-headquartered Heller has been at the […]

Orrick taps Mayer Brown for restructuring push

Orrick Herrington & Sutcliffe has hired Mayer Brown‘s global restructuring, bankruptcy and insolvency co-chair for its New York office. Raniero D’Aversa has joined the firm as a partner to head the New York creditors’ rights and bankruptcy practice. Mark Fennessy, a partner in the firm’s London creditors’ rights and bankruptcy practice, said: “We are very […]

McCartney divorce makes Shackleton a household name

Payne Hicks Beach divorce partner Fiona Shackleton has stolen the title of highest-profile lawyer from her Mishcon de Reya rival Anthony Julius. Over the past 12 months Shackleton (pictured) had the most press mentions – 274 – of all UK lawyers after representing Sir Paul McCartney in his divorce from Heather Mills, according to a […]

Manchester firm follows non-doms to Switzerland

Manchester tax and estates firm Lane-Smith & Shindler is opening an office in Zurich in a bid to attract non-doms who may leave the UK as a result of future tax changes. The office will specialise exclusively in trust issues and will work with Swiss trust companies in particular. Managing partner and president of the […]

DLA Piper raids Thelen Reid for eight-partner team

DLA Piper has launched an eight-partner raid on US firm Thelen Reid Brown Raysman & Steiner in a bid to bolster its real estate and structured finance practice. Six of the group – led by former Thelen real estate chairman Jeffrey Steiner – will be based in New York, while two partners, Marc Friedman and […]

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