Skadden, Latham punch through $2bn barrier

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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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Wanted: 21 new High Court judges

The Judicial Appointments Commission (JAC) is kick-starting the search for 21 new High Court judges tomorrow (12 February). The competition, which is the first under new procedures, is looking for six new Chancery judges and 15 for the Queen’s Bench Division (QBD). Under the reformed procedures, successful candidates are guaranteed appointments to the bench once […]

Paul Hastings posts robust growth for 2007

Paul Hastings has posted results that show a second consecutive year of revenue and profit growth at 20 per cent or above. Both total revenue and average profit per equity partner (PEP) at the west coast firm grew 20 per cent in 2007, to $976m (£487m) and $1.92m (£958,000) respectively. The results follow a 22 […]

Procter & Gamble appoints new GC

Procter & Gamble (P&G) has appointed a new global general counsel following the retirement of legal group stalwart Jim Johnson, promoting deputy general counsel Steven Jemison to the role. Johnson began his P&G career in 1973, when Richard Nixon was president of the United States. He became deputy general counsel in 1990 and went on […]

Bigger is better for US firms

For years it has been clear that the dominant international legal market trend was towards ever-larger firms with the financial muscle and international footprints to advise their equally globalised clients. Have no doubt, today’s US results lend more credibility to that trend. Indeed, the breaking of the $2bn (£1.03bn) turnover barrier by both Latham and […]

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