Penningtons Manches Cooper LLP has a 'knowledgeable and approachable practice that is always frank and concise with honest and straightforward comments'. The practice, which counts among its clients Bank of China, Ghana International Bank, and National Bank of Greece, is frequently involved in financing transactions in Africa and Brazil, and it is called upon to advise on the implications of Russian sanctions. Head of financial services Grant Eldred, who is 'always very hands on and directly to the point, ' has particular expertise in advising the London branches of overseas banks on a broad range of their operational, regulatory and transactional requirements. Trade finance litigation specialist Mark Sachs plays a key role in the practice, and banking and finance associate Ellis van der Vos is recommended for bilateral and syndicated lending, and international trade finance.
Testimonials
Collated independently by Legal 500 research team.
‘Strong and extensive expertise in the products we require. Knowledgeable and approachable practice with an ability to respond within the time frame we need.’
‘Always frank and concise with honest and straightforward comments. Grant Eldred has always given sensible and practical advice.’
‘Excellent level of engagement’
‘Grant Eldred is very reactive, well listens to and understands the needs - he is brief and clear in his advice and has strategic thinking.’
‘Penningtons provided trade finance legal advice to us. Despite it being a sizeable transaction, the team under the guidance of Grant Eldred supported us in a timely, competent and professional way.’
‘Grant Eldred - who was always very hands on and directly to the point - and Ellis van der Vos managed our position in the negotiations very well and we achieved what we wanted. Both did fast returns of the documents and gave good summaries of what our position was and what we could achieve.'
Key clients
- Bank of China
- Agricultural Bank of China
- National Bank of Greece
- Bank ABC
- Banque Cantonale Vaudoise
- Bank of Beirut (UK) Ltd
- Bangkok Bank Public Company Limited
- Bank of Communications (UK) Limited
- Ghana International Bank plc
- Zenith Bank
Lawyers
Practice head
The lawyer(s) leading their teams.
Grant Eldred: Mark Sachs