Penningtons results show slow growth

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Shoosmiths boosts PEP by 16 per cent

Shoosmiths posted profit per equity partner (PEP) of £396,000, marking the firm’s fifth consecutive year of profit increase. The 2005-06 financial year saw PEP up 16 per cent on £342,000 for the 2004-05 financial year. Turnover was up 23 per cent on last year, from £60.8m in 2004-05 to £74.7m for 2005-06.

Commission ploughs £3m into legal aid

The Legal Services Commission is making a further 100 grants available to help fund future legal aid solicitors. Each grant could be worth up to £30,000, meaning the total cost be almost £3m. The grants will cover the tuition fees of students on the Legal Practice Course (LPC), as well as 75 per cent of […]

Professional negligence

Negligence claims against firms of accountants, solicitors and other professionals are increasingly common in this litigious age. The law of negligence is in constant development, as major cases come to trial and new legislation makes its way through Parliament. This week, The Lawyer examines three hot topics in the professional negligence field. The House of […]

Freshfields instructed in Vue Entertainment MBO

Freshfields Bruckhaus Deringer has landed instructions from its new clients Boston Ventures and Clarity Partners on a management buyout of cinema operator Vue Entertainment. US private equity houses Boston Ventures and Clarity, together with Legal & General Ventures, sold their shareholdings in the cinema operator to a management team led by chief executive Tim Richards […]

Lovells wins power station permission

It only took seven years and two public inquiries, but Lovells has finally managed to secure permission for client Riverside Resource Recovery to build the UK’s largest energy from waste power station in Belvedere, South East London. The application was first made in September 1999. The first public inquiry was high profile and lasted some […]

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