Sheppard Mullin promotes 11 in latest round

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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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Profits fall at Davis Polk and Skadden

Average profit per equity partner fell 15 per cent to $2.05m last year at Davis Polk & Wardwell, it has emerged. Although the New York-headquartered firm managed to post flat revenue growth for 2008, remaining at $767m, the collapse of its core financial services markets was reflected in its bottom line. “Davis Polk is likely […]

Mishcon offers Smarta online advice

Mishcon de Reya has signed up to a legal advice helpline, with two of its lawyers giving advice via online business support site Smarta. It marks a change of direction for the West End firm, which has a large ­private client and litigation client base. Managing partner Kevin Gold said partner Nick Davis had originally […]

Offshore firms turn to restructuring to weather downturn

Offshore firms are confident they will continue to grow despite a downturn in referral work from onshore firms during the economic crisis. Responding to The Lawyer’s offshore survey 2009 firms said trends had changed significantly with greater demand now for restructuring lawyers. Cayman Islands’ Walkers said it would “continue to grow” while Gibraltar headquartered Triay […]

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DLA Piper: undercut?

At the world’s largest firm by headcount, it only takes a couple of loose tongues for news to leak out. DLA Piper: undercut?” />Once again, DLA Piper’s latest redundancy programme was preceded by a flurry of rumours. At the world’s largest firm by headcount, it only takes a couple of loose tongues for news to […]

Freshfields, DLA scoop £7.5bn train deal

Freshfields and DLA Piper have advised on a £7.5bn deal to build a new fleet of high speed trains, one of the largest public transport contracts awarded in the UK. Freshfields Bruckhaus Deringer and DLA Piper have advised on a £7.5bn deal to build a new fleet of high speed trains, one of the largest […]

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