The courts can and will order professional funders of hopeless litigation to pay costs on an indemnity basis

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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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Eversheds confirms US merger ambitions

It’s been a long time on the back burner but finally Eversheds has given the green light to its potentially transformative plans to seek a US merger partner. Three years ago the firm formed a US strategy group. Two years ago it launched its 2020 Vision strategy, which made building a global platform a priority. […]

simon davies linklaters
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Linklaters’ Simon Davies: “The magic circle isn’t what it used to be”

This week Linklaters’ governing bodies, long-defended lockstep and US game plan came under scrutiny from partners in the first bi-annual partner meeting in six years. Is the firm at a crossroads of identity? Managing partner Simon Davies says it is the magic circle suffering the branding crisis, not Linklaters. “There is a point about longevity […]

Dechert makes up three in London in 11-strong promos round

Dechert has promoted three partners in its London office amid 11 promotions globally – the same number as last year. Litigator Caroline Black and corporate lawyers Andrew Harrow and Patrick Lyons are the three London lawyers promoted, effective 1 January. This year two City-based practitioners made the cut among the 11 promotions, while in 2013 […]

Hoyland

Simmons & Simmons re-elects Jeremy Hoyland as managing partner

Simmons & Simmons has re-elected managing partner Jeremy Hoyland for a second four-year term that will commence on 1 May 2015. The vote took place last week at a partner conference in Madrid. Hoyland joined Simmons in 1989 as a trainee and qualified into the London banking and capital markets department in 1991. He became […]

2014 Power Part Time List recognises Wragge partner Sarah Sasse

Sarah Sasse, who leads Wragge Lawrence Graham & Co’s public sector IT/outsourcing practice, has been named in the 2014 Power Part Time list. The list, compiled by Timewise and published in The Financial Times, showcases the stories and achievements of 50 of the UK’s most powerful professionals who all happen to work part-time or flexibly. […]

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