Introduction
European Union, United Kingdom, Scotland, Insolvency & Restructuring, Public, Shepherd and Wedderburn LLP, Brexit, UNCITRAL, European Commission, Uniform Act
A primary aim of the regulatory amendments included in UCITS IV was to facilitate the creation of more efficient structures within the UCITS framework.
The three key aspects of UCITS IV designed to assist in achieving this result are the new management company passport, provisions permitting the creation of master-feeder structures and the terms specifically enabling cross border fund mergers.
Ireland, Capital Markets, Insolvency & Restructuring, Mason Hayes & Curran LLP, Security (finance), Investment management, Internal market, Diversification (finance), European Commission, European Committee for Standardization, Undertakings for Collective Investment in Transferable Securities Directive (2009/65/EC)
InDellway and Ors. v National Asset Management Agency & Ors., a number of companies and Paddy McKillen appealed a decision of the High Court in relation to the purported acquisition of €2∙1 billion in loans to the appellant companies by NAMA.
The appeal was brought on five grounds:
Ireland, Insolvency & Restructuring, Litigation, Mason Hayes & Curran LLP, State aid, Direct effect of EU law, European Commission, US Constitution, Supreme Court of the United States