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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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Addleshaws advises on Travelodge’s Little Chef sale

Addleshaw Goddard has strengthened its relationship with Travelodge after advising the budget hotel group on the £52m sale of roadside restaurant chain Little Chef to The People’s Restaurant Group. As part of the deal, People’s Restaurant acquired the Little Chef brand and 235 restaurants. Addleshaws first received an instruction from Travelodge in 2004, when the firm impressed with its […]

Floods of tears

Nature is taking its toll on insureds, insurers and local authorities alike as floods cause a wrangle over the availability of insurance and liability costs. Carys Oatham reports

CC Asia head returns to London

Clifford Chance’s regional head of litigation and dispute resolution in Asia is returning to the firm’s London office. Denis Brock will return to the UK next year and will be succeeded by Martin Rogers towards the end of 2005. Brock will continue be involved in the business of the Asia region including its insurance practice. […]

Chessa returns to CC Rome after two-year break

Clifford Chance’s former joint Italian managing partner Luigi Chessa has rejoined the magic circle firm’s Rome office as of counsel just two years after quitting. Chessa, a highly rated structured lawyer was a partner at Clifford Chance from 1997 to 2003. He quit the firm in Febraury 2003 to set up his own practice. Chessa […]

Herbies asks associates to stay as more jump ship

Herbert Smith litigation associates are continuing to resign from the firm despite the moves put in place by department head Sonya Leydecker to boost the team’s morale. On 10 October, The Lawyer revealed that 25 litigation associates had quit the firm during the past year. Since then, it has emerged that at least five more […]

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