A&O, Herbert Smith and Weil act on CoL sale

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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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Well-documented: court cloud system gets fans on Berezovsky

With 15,000 pre-trial documents totalling 200,000 pages, the battle of the Russian oligarchs was the ideal testing ground for the latest case-management technology  With the Ministry of Justice keen to make the most of London’s courts as an exportable asset, it was only a matter of time before the technology gurus descended. But persuading […]

(l-r) Jenkins and Jones: time at the bar

HM Procurator General and Treasury Solicitor: Politically correct

Efficiency is the watchword for Treasury Solicitor Paul Jenkins, as he and his team keep their government clients on the legal straight and narrow Paul Jenkins QCTreasury Solicitor’s department Title: HM Procurator General and Treasury SolicitorReporting to: Attorney General Dominic Grieve QC MPDepartmental income: £101.2m (2010-11)Employees: 1,031Annual legal spend: £5mLegal capability: 650Main external law firms: […]

CoA ruling on Mulcaire privilege case imminent

The Court of Appeal will next Wednesday (1 February) decide whether the private investigator at the centre of the News of the World (NoW) phone hacking scandal must disclose who instructed him to intercept voicemails. The much anticipated ruling comes after Glenn Mulcaire instructed his lawyers to challenge a High Court order that he could […]

3

Top-earning Nabarro partner took home £484,000 in 2010-11

Nabarro’s top-earning partner got £484,000 in the 2010-11 financial year, down 4 per cent from £505,000 in 2009-10. The drop came as turnover and profit also fell marginally for the firm. The amount billed to clients over the year was £112.5m, down from £113.8m, while profit available for division among partners was down from £37.4m […]

Case of the week: Employment

Coulson v News Group Newspapers Ltd (2011) EWHC 3482 Queen’s Bench Division, Supperstone J. 21 December 2011Does an agreement between a newspaper editor and his employer made in contemplation of the termination of the employment render the employer liable for legal fees arising from criminal allegations relating to the hacking of mobile phone voicemails? Judgment […]

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