Ryanair flying high at the CJEU

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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 […]

Recommended

London

Davis wins Lion Capital for Proskauer after move from KWM

Allen & Overy (A&O) and Proskauer are advising on the acquisition of AS Adventure Group, which includes outdoor retailer Cotswold, from Lion Capital by European private equity house PAI Partners. The deal marks the first time that Lion Capital has turned to Proskauer, following its hire of legacy SJ Berwin corporate chief Steve Davis in […]

Paris

Olswang Paris office founding partner decamps for France’s UGGC

The former managing partner of Olswang’s Paris office has quit the firm with a team of lawyers to become banking head at French firm UGGC. Stéphan Alamowitch joined Olswang in 2011 from Dechert to head up the firm’s foray into France (2 February 2011). He was managing partner of the office until November 2013, when […]

Money

Goodwin Procter builds on 2013 growth with 4.4 per cent revenue increase

Goodwin Procter’s 2014 year-end results show a 4.4 per cent growth in revenue to $785.5m (£521.5m), according to figures released by the firm. Revenue per lawyer increased by 6.2 per cent to $1.04m, while profits per partner grew by 7.4 per cent from $1.6m to $1.7m. The rise follows a 5 per cent increase in […]

Shoosmiths advises photographic agency on $33m Shutterstock takeover

Shoosmiths has advised the shareholders of Rex Features, the largest independently owned photographic press agency in Europe, on its $33m sale to Shutterstock, a global provider of commercial digital imagery and music. With Rex’s editorial expertise and Shutterstock’s technical prowess, the combined companies will bring a comprehensive offering to market. Shoosmiths corporate partner Sean Wright […]

11 Stone Buildings’ Marcia Shekerdemian is appointed Queen’s Counsel

11 Stone Buildings has announced that Marcia Shekerdemian has been appointed Queen’s Counsel, effective from 16 February 2015. Shekerdemian is a leading practitioner in insolvency, commercial litigation (including civil fraud and banking) as well as company and partnership.   She is recommended in Chambers UK and Legal 500 for commercial dispute resolution, company and insolvency.  

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