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Related briefings

Online but divorced from reality

By Philippa Dolan No one denies that simplifying the divorce process to make it easier, faster, cheaper and more understandable is a laudable aim. Much has been made of the billion pounds that is apparently being invested in an overall reform programme to ‘modernise the courts and tribunal service’, part of which is being spent […]

Family Court still has teeth: The Hart v Hart case

Mrs Hart was disappointed with her financial settlement. She appealed to the Court of Appeal but the appeal was rejected. Her team had argued that the High Court Judge had not punished Mr Hart for his refusal to be straight about his finances and had based her settlement on the sum that he did disclose, […]

Crypto divorces and the law

With fortunes being won and lost in the space of months, cryptocurrencies are on everyone’s minds and it is inevitable that they are going to form a significant new asset class in many future divorces. But how prepared are lawyers and the courts to deal with them?

Best-laid plans: Onus to obtain consent falls on employer

In Clin ­v­ Walter Lilly & Co Ltd [2018] EWCA Civ 490, the Court of Appeal held an implied term would be implied into a building contract (based on amended JCT terms) to provide for the employer’s obligations relating to planning permission or conservation area consent. On 25 September 2012, Mr Clin (the Employer) engaged […]

Court of Appeal backs Birmingham council in PFI case

The Court of Appeal found in favour of Birmingham City Council (“BCC”) rejecting Amey Birmingham Highways Ltd’s (“Amey”) interpretation of the contract, confirming that the PFI contractor’s road maintenance duty covered the entire current Birmingham road network…

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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New PRC Consumer Rights Law fills legal void governing data privacy protections — get ready for 3/15/2014 effective date

By Belinda Tang and Jim Halpert The newly revised Consumer Rights and Interests Protection Law of the People’s Republic of China (PRC) (the Consumer Rights Law, promulgated on 25 October 2013 and becoming effective 15 March 2014) is the first revision of China’s old Consumer Rights Law since its promulgation in 1993. The new Consumer Rights […]

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Cayman boutiques announce merger

Cayman Islands boutiques Travers Thorp Alberga and Paget-Brown are merging in early 2014, just a year after the former enticed ex-Maples and Calder managing partner Anthony Travers back to practice. Paget-Brown founder Ian Paget-Brown QC will join become a counsel at the enlarged firm, which will be known as Travers Thorp Alberga. Travers Thorp Alberga […]

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E-commerce company Powa hires Yahoo lawyer to build in-house team

E-commerce start-up Powa Technologies has turned to internet giant Yahoo for the hire of senior in-houser Manu Kanwar as chief legal officer. Kanwar, who is currently head of corporate and commercial affairs at Yahoo, will start work at Powa on 13 January. He is the second in-house legal hire for Powa, which provides an e-commerce […]

Cross-border derivatives disputes: ISDA Arbitration Guide 2013 model clauses offer more certainty

By Jean-Pierre Douglas-Henry and Oliver Perez The 2013 International Swaps and Derivatives Association (ISDA) Arbitration Guide has been published following a two-year consultation with ISDA members. The guide provides model clauses for various forms of arbitration for use in derivative transactions. This is welcome news for the banking and investment community, which has not always […]

Jun He faces rare legal challenge

Jun He, one of China’s top-ranked elite firms and a close friend of Slaughter and May, has found itself in the hot seat over a legal opinion it issued a few years back in relation to the now collapsed Sino-Forest Corporation. Two of its top domestic rivals, Commerce & Finance and Jingtian & Gongcheng, have […]

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