McGrigors and Slaughters lead on Wood Group’s purchase of PSN

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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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Cleary anoints DC litigator as new managing partner

US firm Cleary Gottlieb Steen & Hamilton has elected Mark Leddy as its new managing partner following an uncontested election. Leddy will take over from incumbent Mark Walker, who was appointed to the role in 2005 (9 May 2005), on 1 January 2011. Anti-trust partner Leddy is currently based in Washington DC but will split […]

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Quinn Emanuel announces maximum associate bonuses of £53,000

US firm Quinn Emanuel Urqhart & Sullivan has announced its associate bonus payouts for 2010 with awards ranging from $8,438 (£5,449) through to $82,500 (£53,256). The bonus will be split into two instalments for the first time, with the first tranche to be paid this month and the remainder in June 2011. However, to be […]

Garrigues revamps New York management team

Garrigues has appointed corporate partner Ferran Escayola to head its New York office. Escayola was named managing partner of the New York office earlier this month and will replace Xavier Ruiz, an M&A expert who joined the firm in 2005 from McDermott Will & Emery. Escayola joined Garrigues in 1999 from Skadden Arps Slate Meagher […]

It’s Cable vs Cleary

If Vince Cable has really declared war on Rupert Murdoch, he’s going to have to get through the crack antitrust practice at Cleary Gottlieb first. Even if the idea of Iron Vince taking on News Corporation brings to mind an image of Botswana fluttering the fist of its military might in the vague direction of […]

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DLA Piper slams the door on Bulgaria

DLA Piper is to close its Bulgarian office in the new year, citing problems associated with the economic downturn. DLA Piper is to close its Bulgarian office in the new year, citing problems associated with the economic downturn. The Sofia office, which was launched in 2006, will shut up shop next month. The sole partner, […]

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