Penningtons believed to be in talks with partners

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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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In brief: Birketts brings in environmental partner

Ipswich firm Birketts has brought in former Cameron Markby Hewitt partner Andrew Bryce as a consultant in its environmental law division. Formerly the head of environmental services at Cameron Markby Hewitt, Bryce also runs his own specialist practice. He joins at the same time as Penningtons’ planning specialist Andrew Shallish. Birketts managing partner Bob Wright […]

Expanding the customer base

Solicitors frequently fail to exploit their most valuable asset – clients. The fact that it costs between five and ten times as much to obtain a client than to retain one should be sufficient incentive for a long hard look at the client base to establish precisely what potential exists for expanded high quality business. […]

Plea bargaining issues resurface

THE ROW between two leading criminal silks has resurfaced 20 months after Roger Levitt’s fraud trial ended in uproar over his lenient sentence. Media attention has been focused on the allegations made by prosecution counsel David Cocks QC and Jonathan Goldberg QC, who led the defence, about each other. In November 1993, after the trial […]

Gibraltar firm to set up NY office

GIBRALTAR firm Marrache & Co has announced plans to establish a presence in New York, only weeks after opening a London office under the direction of former Richards Butler lawyers. Managing partner Benjamin Marrache confirms the practice, which incorporates both barristers and solicitors under Gibraltan fused profession rules, is talking to a “top five” commercial […]

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