Lovells wins power station permission

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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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Orrick boosts Rome with Pocci takeover

Orrick Herrington & Sutcliffe has absorbed boutique Studio Legale Pocci to bolster its corporate practice in Rome. Sole practitioner Marco Pocci joins with one associate and brings clients such as Buena Vista Hospitality Group and transport company Omnialogistic. Pocci is dual Italian/UK qualified and has experience working in Hong Kong for Barlow Lyde & Gilbert. […]

White & Case wins Arcelor financing role

White & Case has won the instruction to advise the lead arrangers providing the financing of Mittal Steel’s EUR26.9bn acquisition of rival Arcelor. The deals will be financed through a EUR10.8bn syndicated loan, one of the biggest European deals of recent years. The loan consists of a EUR5bn and a EUR2.8bn acquisition line. The remainder […]

White & Case factions square off

The battle lines have been drawn within the London office of White & Case over the latest potential shake-up of the office’s management. The local partnership is understood to have divided into two camps – members of the newly combined banking and capital markets practice group, who are largely supportive of a radical shake-up, and […]

Olympic Delivery Authority chooses City firms for panel

Berwin Leighton Paisner, Clifford Chance, DLA Piper Rudnick Gray Cary, Freshfields Bruckhaus Deringer and Pinsent Masons were last week appointed to the Olympic Delivery Authority’s (ODA) legal panel, as first revealed on www.thelawyer.com (21 June). The firms will now vie for high-profile work advising the ODA on the hosting of the London 2012 Olympic Games. […]

Ogier gets in first with ICCs in jersey

Offshore law firms have been talking about incorporated cell companies (ICC) for so long that they were beginning to look like an urban myth. But the first two transactions have now been completed with Ogier winning a role on both deals. ICCs are a company made up of different cells that contain different assets, but, […]

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