Sonnenschein inherits IndyMac role from Thacher

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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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Top five UK law firms increase hold on M&A work as recession deepens

Small and mid-size legal teams given short shrift as downturn prompts ‘flight to quality’. UK companies are flocking to the magic circle for corporate advice as the recession bites, according to half-year figures for deal activity. Data from Thomson Reuters shows that the top five firms have tightened their grip on a shrinking M&A market, […]

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Eversheds’ top earner got £860,000 in 2007-08

Eversheds‘ top earner got £860,000 in 2007-08″ />The highest-earning partner at Eversheds took home £860,000 in the 2007-08 financial year, an increase of more than £100,000 on the previous year, according to the firm’s LLP results. The average remuneration per partner grew by £4,000 to £351,000 during the period. The accounts reveal that the firm’s […]

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Indian liberalisation comes closer with LLP Act

Indian and UK lawyers have cautiously welcomed the first legislative step towards liberalisation of the Indian legal profession. The Limited Liability Partnership (LLP) Act 2008 was passed by Indian Parliament at the end of 2008. While the Bar Council of India would need input on the specifics of law firm LLPs, the framework is now […]

Facing the music

How did Freeth Cartwright manage to avoid making redundancies until now, while the rest of UK’s real estate teams have been making cuts for more than a year? With around 35 per cent of Freeth Cartwright’s revenues coming from real estate, the firm has, finally, been forced to face the economic music. Corresponding to the […]

Telly vision: Gordon Finlayson, Showtime Arabia

He began his career as a journalist and dabbled in the music business, but now Gordon Finlayson has finally found his perfect job – overseeing the legal function at Showtime Arabia. There are several examples of lawyers dabbling in journalism, but you rarely hear of it happening the ;other ;way around. Showtime Arabia legal director […]

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