Thyssen judge’s demand is historic first

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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 […]

Recommended

Miller leaves CC Brussels for in-house post at Dexia

Clifford Chance is losing top Brussels partner Axel Miller when he takes on a newly-created in-house role with longstanding client banking group Dexia next month. Miller is a Belgian-qualified M&A and corporate finance specialist. Subject to the approval of Dexia’s board of directors, he will join Dexia as a member of its executive committee and […]

Simmons works with Shearmans on £350m Euro debt restructuring

Simmons & Simmons has advised telecoms giant Global TeleSystems (GTS) on the restructuring of debt worth $500m (£350.6m) in subsidiary Global TeleSystems Europe. Simmons has acted for GTS since the company acquired its subsidiary, formerly Esprit Telecom, in 1999. The firm won the latest deal on the back of GTS’s existing relationship with the corporate […]

Party on lawyer dudes

Tulkinghorn is finding it very difficult to keep up with the times these days. Recently he was invited to a party at Gibson Dunn & Crutcher, some upstart Yank firm that has recently moved to rather swanky new premises near Temple. Splendid, he thought, a chance to stand around with a glass of warm Chardonnay […]

Real Estate and Projects

The Airline Group beats rival bidder Serco to become the Government’s strategic partner in the public private partnership for Britain’s air traffic control system. The Airline Group advised by Norton Rose (Alan Crookes). Serco advised by Altheimer & Gray (Anthony Fine). The Government advised by Slaughter and May (Mark Horton). National Air Traffic Services advised […]

Gide reeling as another partner quits for rival

Beleaguered French firm Gide Loyrette Nouel has lost a corporate partner to rival M&A practice Darrois Villey Maillot Brochier. Hervé Pisani, who is one of the firm’s younger partners, will join Darrois in the next few months, increasing the firm’s total number of partners to 10. Darrois partner Olivier Diaz, himself a former Gide lawyer, […]

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