Lady of luck

Simmons senior partner Janet Gaymer says she has achieved her position purely by chance. But Emma Vere-Jones doesn’t believe her

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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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A&O scoops role on Eutelsat’s bid for £2.34bn Galileo launch

Allen & Overy (A&O) has won a competitive tender to advise Eutelsat on its bid for one of the EU’s biggest ever satellite contracts for the €3.4bn (£2.34bn) launch and operation of the Galileo satellite navigation system, an EU alternative to the US-owned Global Positioning System (GPS). An A&O team led by finance partner David […]

Freeman sets competition precedent with GUS ruling

The reclusive Barclay brothers scored a major coup last Thursday when former Simmons partner Peter Freeman unexpectedly cleared their acquisition of Great Universal Stores (GUS) while leading his first investigation as Deputy Chairman of the Competition Commission. The commission ruled that the Barclays, advised by Slaughter and May and Lovells, need make no divestments whatsoever […]

Kirkpatrick bolsters LA with Medialive general counsel

US firm Kirkpatrick & Lockhart has swooped for Medialive International Holdings’ secretary and general counsel Jeryl Bowers. He joins the Los Angeles office of Kirkpatrick, which now numbers 18 partners and 17 associates. Bowers will focus on securities, mergers and acquisitions and other corporate matters. During his spell in-house at Medialive he helped establish the […]

EAT decision overturned on appeal due to drunken nap

The Court of Appeal has overturned an Employment Appeals Tribunal (EAT) decision that refused a sacked worker a new hearing despite concerns that one tribunal member had been drunk and asleep at the original hearing. However, even if successful at a new hearing, the applicant is unlikely to benefit financially, because since the time of […]

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