Italy’s Legance joins rivals in London

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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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Berezovsky costs: £35m for Skadden and £3.75m for Freshfields

Addleshaw Goddard client Boris Berezovsky has agreed to pay legal costs of £35m for his rival Roman Abramovich after losing his $5bn claim against him. Skadden Arps Slate Meagher & Flom issued a £40m bill for the work it did for Abramovich, including disbursements of £8m for former Brick Court silk Jonathan Sumption QC. Today […]

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The rights stuff in oil islands now

Energy companies should consider the SPV route in light of the China-Japan island rights disputes Images of Chinese citizens overturning a Japanese-manufactured police car are a startling demonstration of the seemingly spontaneous civic anger about Japan’s territorial claims to five uninhabited islands and three rocks in the East China Sea (and in a separate row […]

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FFW and Travers Smith score roles on Rangers’ £20m IPO

Field Fisher Waterhouse (FFW) and Travers Smith have been instructed to advise on Rangers FC’s £20m flotation on AIM. The club announced the IPO this morning, with FFW corporate finance partner Christine Phillips advising Rangers. Travers Smith corporate partner Philip Cheveley has been instructed by Cenkos Securities, the nominated adviser on the deal. In trying […]

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Ex-Dewey trainee deported in wake of firm’s collapse

A Dewey & LeBoeuf trainee in the defunct firm’s London office was forced to leave the country this summer because his visa expired, it has emerged. The trainee, an American citizen, faced deportation after failing to find another job following the US firm’s collapse earlier this year. It is understood that the trainee, whose identity […]

Linklaters

Linklaters elects Amsterdam lawyer as Western Europe head

Linklaters has appointed Amsterdam partner Pieter Riemer as its new managing partner for Western Europe, effective today (17 October). Riemer replaces Jean-Pierre Blumberg, who has reached the end of a four-year term. Blumberg was previously the local managing partner for Belgium, leading his firm De Bandt van Hecke Lagae & Loesch into its 2002 merger […]

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