Shoosmiths advises McKay on £8.75m acquisition of Woking leisure scheme

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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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Charles Gordon

Are confidential settlement agreements really confidential?

The Rolling Stones were in the press recently, after leaked court documents revealed confidential medical information on the band members. Following the death of Sir Mick Jagger’s girlfriend, L’Wren Scott, back in March 2014, the band had to cancel part of its Asian tour. The band made a claim against their insurance policy for loss […]

India

India’s TMT Law Practice takes over Chennai IP firm APR Associates

Indian technology boutique TMT Law Practice has expanded its offering in the Chennai market by taking over local firm APR Associates. The New Delhi-headquartered firm already has a five-lawyer office in the South India city, the capital of Tamil Nadu, but this has been increased to 13 following the deal. TMT partner Rajesh Ramanathan, who […]

DLA Piper advises Stobart on construction of £110m CHP biomass plant

DLA Piper has advised Stobart Group on a project to construct a £110m combined heat and power (CHP) biomass plant at its site in Widnes. The project will be the largest waste wood renewable energy plant in the north west of England. Stobart Infrastructure is making an equity investment of £7.5m for a 40 per […]

Khaitan & Co successfully opposes grant of ad interim relief against Saregama India

Khaitan & Co has advised Saregama India and successfully opposed the grant of ad interim relief prayed by Ultra Distributors against Saregama India in relation to the purported claims of exploitation of copyright of 26 cinematographic films in various platforms. Saregama India is a flagship company of the entertainment sector of the RP-Sanjiv Goenka Group, […]

Khaitan advises Yes Bank on term loan facility

Khaitan & Co has advised Yes Bank in relation to term loan facilities availed in multiple tranches by Transcon-Sheth Creators and aggregating to approximately $146m (£95.5m) for the purpose of constructing and developing residential project Auris Serenity at Malad (W). Auris Serenity will comprise four residential luxury towers. Partner Shishir Mehta and associate partner Kumar […]

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