Lord Chancellor slams legal aid lawyers

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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 […]

Recommended

Davis Polk corporate partner leaves for in-house position

One of the top partners at New York giant Davis Polk & Wardwell is going in-house to professional services company Marsh & McLennan Companies. William Rosoff joined Davis Polk in 1978 and has been a partner since 1985. He joins Marsh & McLennan as senior vice president and general counsel. Rosoff left Davis Polk in […]

Gulf

Gulf Investment Corporation and Companhia Vale do Rio Doce purchase Gulf Industrial Investment Corporation from Kuwait Petroleum Corporation for $183m (£126m). Gulf Investment and Companhia Vale advised by Norton Rose (John Inglis) with local advice by Hassan Radhi & Associates. Kuwait Petroleum advised by Cleary Gottlieb Steen & Hamilton.

ite group

Olswang‘s longstanding client ITE has had a boost from VS&A, a private equity affiliate of the New York-based media merchant bank Veronis Suhler. VS&A has agreed to subscribe to approximately £30m in cash for a 17.12 per cent shareholding in ITE, which will establish a partnership with Veronis Suhler, allowing ITE to accelerate its development […]

Nauta Dutilh

Nauta Dutilh chairman Henri Ophof has resigned along with managing partner Job van der Have. Both leave the firm less than a year after the elections, citing personal differences as the reason for their departures. Van der Have was re-elected as managing partner, but Ophof did not stand, and was replaced by Johan van Marwijk-Kooj, […]

A VIEW FROM SÃo PAULO

A surge of confidence can be felt in São Paulo and its business community these days, and it inspires the international lawyer to adopt a similar level of confidence about Brazil. You meet international and local bankers everywhere, and businessmen with renewed confidence suggesting they are beginning to fulfil their potential for a leading role […]

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