Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

Recommended

Penningtons Manches bags “Goldilocks merger” with Thomas Cooper

Penningtons Manches is to merge with London shipping specialist Thomas Cooper to create a £90m firm, the latest development in ongoing mid-tier consolidation. The merger is due to go live on 31 June and the combined firm will be known as Penningtons Manches Cooper. Thomas Cooper managing partner Tim Kelleher will join the management board […]

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Penningtons enters Birmingham with Pinsents hire

Penningtons Manches, which last year made it into the top 50 law firms of The Lawyer UK 200, is to set up shop in Birmingham, joining the likes of Squire Patton Boggs, Gowling WLG and Fieldfisher. The firm’s new Birmingham office will be led by real estate partner Joel Kordan, who leaves Pinsent Masons’ partnership […]

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Penningtons’ debt rocketed by 129 per cent in year of Manches takeover

Penningtons more than doubled its debt in the year it took over cash-strapped Manches, with a number of its partners giving personal guarantees that the loans would be repaid. LLP accounts filed with Companies House this week reveal that the firm’s short-term debt went from £5.9m at the end of 2012/13 to £13.5m at the […]

Penningtons Manches joins the race to the Golden Gate Bridge

Penningtons Manches has announced the opening of its first non-UK office today, choosing San Francisco as the perfect place to boost its cross-border M&A practice. Corporate and technology partner James Klein and IP/IT partner Hamish Corner will lead the team in the new office, which will focus on technology. Penningtons Manches may recognise some familiar […]

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