Osborne Clarke partners rejoice after war on costs wipes out £9m debt

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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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Pinsents City chief moves to Kirkpatrick

Pinsent Masons’ joint London managing partner and national head of corporate has quit to join Kirkpatrick & Lockhart Nicholson Graham. Pinsent Masons‘ joint London managing partner and national head of corporate has quit to join Kirkpatrick & Lockhart Nicholson Graham. Martin Lane, who was named Pinsents’ joint London managing partner alongside Martin Roberts in December 2004 following last […]

Ashurst sees rare Apax success fees after HIT Entertainment bid

Ashurst has won its first UK deal for Apax Partners following its appointment as lead legal adviser, acting for the private equity house on its recommended offer for HIT Entertainment, the company behind Bob the Builder. Although Ashurst has won the lion’s share of Apax’s legal work since its appointment last June, the vast majority […]

Herbies ousts Linklaters on TfL Tube project

Herbert Smith has elbowed out Linklaters and scooped the mandate to advise Transport for London (TfL) on the £896m East London Line extension. Herbert Smith has elbowed out Linklaters and scooped the mandate to advise Transport for London (TfL) on the £896m East London Line extension. The firm won the instruction after participating in a beauty parade […]

Olswang raids White & Case to bolster TMT team

Olswang has raided White & Case to secure litigation partner Richard Bamforth as the UK firm ramps up its technology and media offering. Bamforth, who specialises in international arbitration and litigation, joins Olswang on Monday 4 April. He leaves White & Case after nearly 10 years at the firm. It is understood that Olswang’s technology […]

Cobbetts set to raise client charge-out rates

Regional heavyweight Cobbetts is poised to hike its client charge-out prices in a bid to harmonise rates across all its offices. The firm, which has carried out no fewer than four mergers since December 2003, is consulting partners as to how much its hourly rates should be increased by. According to well-placed sources, the move […]

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