Schilling & Lom takes on ex-Virgin Interactive chief

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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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Camerons to close California office after electricity deal

Cameron McKenna is closing its San Francisco practice after just eight months. Robert Derry-Evans, managing partner at Cameron McKenna, is upbeat over the closure, saying the office had been set up to deal with the restructuring of the Californian electricity industry. However speaking to The Lawyer in November last year when the office was fully […]

In brief: Robert Sayer

Robert Sayer beat David Keating by 12,819 votes to 7,062 to become the new Law Society president in an election which saw only 21.7 per cent of the profession vote – the lowest turnout ever. Irwin Mitchell’s senior partner, Michael Napier beat sole practitioner Trevor Murray, by 12,563 votes to 7,531 to become deputy vice-president. […]

US giant Latham & Watkins plots merger with City firm

The fourth largest US law firm, Latham & Watkins, is looking to merge with a London firm – and Linklaters is being mooted as a possible partner. City firm Linklaters has met with partners from the Los Angeles-based US giant, which visited London on a factfinding mission. Latham & Watkins has 1,000 lawyers and a […]

Freshfields finds new home in former Gouldens site…

Freshfields is setting up shop in the purpose-built offices of Gouldens. Desperately short of space in its two London offices, the firm has struck a hurried deal for Gouldens’ 22 Tudor Street premises and will move in when the firm relocates to offices in November. The move will provide Freshfields with 37,500sq ft extra space; […]

Herbert Smith helps Electra clear its debts

Herbert Smith has completed the u215m sale of PHS – owned by Electra Investment Trust – as part of Electra’s fight to rid itself of u600m of debt. The sale of the washroom and tropical plant services division is the next step in Electra’s five year plan to wind up the company. Head of corporate […]

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