Weil US rescue party flies in for private equity push

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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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Edward Gretton & Toby Hornett: Danka

Despite being just a two-man operation, printing giant Danka’s European legal team has made a big impression. It’s all down to a flexible and practical approach, says Jon Parker Established in 1977 in Tampa, Florida, printing company Danka rose to global status through a rapacious 100 acquisitions between 1980 and 1996. Of the company’s mighty […]

Herbies visits Australia to sound out new recruits

Herbert Smith is kicking off a recruitment drive down under for Australian corporate and finance associates. The firm has sent corporate partners Greg Mulley and Chris Parsons, along with global relationship partner Richard Fleck and finance partner Alexander Currie, to Australia to raise its profile with local firms, clients and potential new recruits. Corporate partner […]

Ex-CC Schwarz takes the helm at Linklaters TMT group

Linklaters telecoms specialist Tim Schwarz is to replace Christopher Millard as global head of the firm’s technology, media and telecoms group, effective 1 May 2006. Millard, best known for his expertise in data protection, has been head of the TMT group since 2002 and plans to resume a purely fee-earning role. Linklaters scored a major […]

A breath of fresh Aer

Lawyers are breathing a sigh of relief after the Court of Appeal judgment in Aer Lingus pushed the limits for contribution claims. Neil Jamieson reports At the heart of many professional indemnity disputes, especially those involving lawyers, are claims for contribution. Often these will be against other professionals – accountants, surveyors, bankers or other lawyers […]

Philly firms join New York associate pay war

The US East Coast associate pay war has spread from New York to Philadelphia, with the city’s leading firms all raising newly-qualified salaries. Philadelphia-based national Saul Ewing increased first-year pay to $125,000 (£71,600) in all its offices bar Harrisburg, Pennsylvania, reflecting a $10,000 (£5,700) hike on all associate salaries. The firm matches rival Philadelphia-based firm […]

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