Macfarlanes rounds up news of interest for those in investment management, including a new version of the European Securities and Markets Authority's Q&A on exchange-traded funds and UCITS, and the latest on non-disclosure agreements concealing fees between pension funds and asset managers.
Law Firm: Macfarlanes | Published: 23 January 2015 | Practice Area: Collective Investment Schemes
This Macfarlanes briefing rounds up key developments of interest for M&A lawyers, including amendments to provisions in the Companies Act which govern the authorisation and financing of private company share buybacks, and draft regulations prohibiting the use of cancellations schemes on a takeover.
Law Firm: Macfarlanes | Published: 22 January 2015 | Practice Area: Mergers & Acquisitions
This Macfarlanes briefing looks at the implications of the Court of Appeal's decision in the 'Redrow' case, in which it considered the extent to which developers can be made liable for future highway maintenance works, notwithstanding that a highway is maintainable at the 'public expense'.
Law Firm: Macfarlanes | Published: 12 January 2015 | Practice Area: Planning and Development
The European Securities and Markets Authority has published proposals which clarify when it will be permissible to use client funds to purchase investment research under the Markets in Financial Instruments Directive II (MiFID II). In this briefing, Macfarlanes looks at the proposals in detail.
Law Firm: Macfarlanes | Published: 06 January 2015 | Practice Area: Regulation and Compliance
Disputes about notification provisions and the measure of damages commonly arise in breach of warranty claims. Both these issues were considered in a recent case; this briefing considers the principles of general application that can be derived from this case in the context of other recent case law.
Law Firm: Macfarlanes | Published: 05 January 2015 | Practice Area: Warranties
Macfarlanes rounds up key developments of interest for M&A lawyers, including the European Parliament's agreement on the 4th Money Laundering Directive, which will oblige EU member states to maintain central registers listing information on the beneficial ownership of corporate entities and trusts.
Law Firm: Macfarlanes | Published: 02 January 2015 | Practice Area: Mergers & Acquisitions
In the recent case of Liberty Mercian v Cuddy Group, the court has shown that is is prepared to exercise considerable (and surprising) discretion to ensure that absolute contractual obligations to provide a bond and collateral warranties are complied with, as this Macfarlanes briefing explains.
Law Firm: Macfarlanes | Published: 22 December 2014 | Practice Area: Warranties
Macfarlanes rounds up key developments of interest for M&A lawyers, including a case in which the Commercial Court considered claims by both the buyer and the seller for breach of warranty in a share sale and purchase agreement, and a new report on PE firms' conformity with the Walker Guidelines.
Law Firm: Macfarlanes | Published: 19 December 2014 | Practice Area: Mergers & Acquisitions
The Autumn Statement set out plans for legislation to ensure guaranteed amounts received by individuals from fund management after 5 April 2015 were subject to income tax and NICs. The draft legislation has been issued for consultation, and its effects are wide-ranging, as this briefing explains.
Law Firm: Macfarlanes | Published: 18 December 2014 | Practice Area: Enforcement and Regulation
With the rapid progression through Parliament of the Taxation of Pensions Bill, the task of digging into the small print of the 2014 Budget changes has begun in earnest. This briefing tackles some key questions and attempts to depict the interaction of the post-April 2015 regimes on a single chart.
Law Firm: Macfarlanes | Published: 15 December 2014 | Practice Area: Regulation and Enforcement
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