39 Essex Street silk wins frozen sperm legal battle

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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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The pari passu clause and the Argentine case

The case of NML Capital Ltd v Argentina decided by a US federal court of appeals in New York in October 2012 held that Argentina violated a standard pari passu clause in its old unrestructured bonds and therefore Argentina was ordered not to make any payments on new bonds unless it made a rateable payment […]

No5’s Nassera Butt represents local surrogate in partial surrogacy case

Barrister Nassera Butt from No5 Chambers represented a local surrogate in a partial surrogacy case in July 2013 before Mrs Justice King. The reported case tells of the caution to be applied where the parties have used ‘home’ insemination techniques not regulated by any licensed clinic and have not used specialist legal services for the […]

The Hague
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Allen & Overy, Quinn Emanuel and Jones Day join disputes body Prime Finance

Financial services dispute resolution body Prime Finance has recruited another 16 senior lawyers for its panel of experts, bringing the number on the list to more than 100. The new recruits include Allen & Overy’s (A&O) co-head of global capital markets, David Benton, New York-based Quinn Emanuel Urquhart & Sullivan partner Peter Calamari, Jones Day’s […]

Kim Koopersmith

Akin Gump revenue up 7 per cent as PEP grows by a fifth

Akin Gump has posted a 7 per cent rise in turnover for the 2013 year, with revenue growing from $775m to $828m. Net income rose by 18 per cent from $268m to $315m while average profit per equity partner grew by 19 per cent from $1.5m to $1.8m. Revenue per lawyer at the US firm […]

piggy bank

Wonga.com scoops up Betfair’s former legal boss

Betfair’s former legal director Justin Hubble has resurfaced at online loans company Wonga.com in the role of legal vice president. The British payday loan company, which has faced criticism for the high cost of its loans, has been rapidly building its legal team since launching in 2007.  Wonga.com made Kemp Little’s then managing partner Lucy […]

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