Shoosmiths advises on holiday park acquisition

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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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Rolls-Royce

Rolls Royce head of legal steps down after role split

Rolls Royce company secretary and head of legal Nigel Goldsworthy has stepped down from his role at the company after his role was split in two last year. Goldsworthy held both roles of company secretary and head of legal at Rolls Royce since 2012. He had been at the company since 2004, where he was […]

No5 Chambers barrister in green belt appeal

The Court of Appeal has handed down judgment in Gedling BC v Timmins.   This is a green belt policy case that casts some doubt, but reaches no definitive conclusion, on earlier decisions that said development that is not inappropriate in the green belt is confined to the descriptions in paragraphs 89 and 90 of the Framework. […]

money

Irwin Mitchell appoints brokers ahead of possible 2015 IPO

Irwin Mitchell may float as early as this year, according to documents revealing the firm had appointed brokers in relation to an initial public offering (IPO) by October last year. In a letter seen by The Lawyer, group non-executive chairman Glyn Barker confirmed the board was giving active consideration to seeking external investment via an […]

Hong Kong
3

Why is Fried Frank calling time on its Asia strategy?

For years, Asia has been hailed as a land of golden opportunity for the legal profession. So, why has Fried Frank Harris & Shriver decided to close down its operations in the region?  It’s not as if Fried Frank is overwhelmed with offices. The firm currently has just seven worldwide, in Frankfurt, London, Paris, New […]

scotland

Scotland’s Burness Paull increases bank balance in year after merger

Scottish firm Burness Paull strengthened its cash position by over £2m in the first full year following the merger of Burness and Paull & Williamsons, with the figure rising from £3.6m to £5.8m. According to LLP accounts filed at Companies House the firm, which was created via the December 2012 merger of Central Belt firm […]

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