Leslie Michaelson

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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

All aboard the libel train

Defamation cases seem to be on the increase in Northern Ireland, with a number of high-profile cases in the news recently. The latest came in a court action concluded only days before the General Election, where Robert McCartney QC, member of parliament for North Down, received an £80,000 settlement following an action against The Irish […]

Irish govt lawyers work to rule over chronic shortages

Freshfields has recruited a second leading US securities partner to join the firm’s US securities practice. Don Guiney, from US firm Hale & Dorr, joined Freshfields last week to further strengthen the firm’s capability in its burgeoning US securities practice, which now has 10 US lawyers in London. Last July, when the group was established, […]

IT man for FFW

Solicitors Field Fisher Waterhouse have hired 10 King’s Bench Walk barrister Nick Lockett. Lockett, who appeared in the first domain name case to reach the High Court, will join the firm’s IT/Internet practice. Called to the Bar in 1993, Lockett has advised the BBC, and the Financial Times on the legal implications of the Internet.

Ivory Coast repays

The Republic of Cote D’Ivoire has signed a debt restructuring deal worth US$6.8bn, with its foreign creditors who were represented by a team of lawyers from White & Case’s Paris office. Paris-based partners John Riggs and Paul Biensan acted on the deal, assisted by two associates, Mark Richards and Anne Ledcrer. The team advised the […]

Paralegals half-trained, finds study

Paralegals are often ill-equipped to work in a modern legal practice, with many having received insufficient training from their firm, according to a Law Society study. Research by the society’s Research and Policy Planning Unit found 37 per cent of an estimates 25,000 non-solicitor fee earners in England and Wales believe they are under-trained. The […]

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