An after-the-event (ATE) insurance policy suffices as security for costs of appeal

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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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Shoosmiths and Bond Dickinson advise on £317m rail procurement deal

Shoosmiths and Bond Dickinson have advised on a rail deal that will bring hundreds of new carriages on the Gatwick Express and Thameslink routes as part of a £317m investment by the rail industry. Shoosmiths advised Porterbrook, who won the tender to own and lease the 224 new custom built Electrical Multiple Unit (EMU) coaches […]

Morgan Lewis rejects merger, hires 227 Bingham partners

Morgan Lewis & Bockius and Bingham McCutchen’s negotiations have finally concluded. The result has not been a merger, or in fact a takeover, but a vote to admit 227 out of the 307 Bingham partners into its fold. Morgan Lewis is set to reach the 2,000-lawyer threshold and has added three new offices (two in […]

Eversheds welcomes five new members to Eversheds Africa Law Institute

Eversheds has welcomed five new members to the Eversheds Africa Law Institute (EALI), which the firm describes as an innovative platform designed to share best practices and promote the highest standards of legal service across Africa. The new EALI joiners are based in Uganda, Gabon, Algeria, Burkina Faso and Madagascar. Each firm will bring strong […]

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Do you know what it takes to be a firm leader?

About five years ago I developed and began co-facilitating a special one-day workshop for brand new managing partners to help them prepare for taking on the enormous role of becoming their firm’s leader. This opportunity came about as a result of my having beeen engaged back in 2004 by a long-time client, an AmLaw 100 […]

Bakers splits with CNOOC post internal investigation

Close contact between in-house lawyers and panel firms has always been seen as a good thing but for China’s state-owned energy giant China National Offshore Oil Corporation (CNOOC) it has just been the cause of a mammoth fight. Both Baker & McKenzie and senior CNOOC lawyer Kang Xin suffered after the company criticised Xin for […]

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