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Coronavirus Portugal: Simplified lay-off

The simplified lay-off is an exceptional and temporary measure aimed at maintaining jobs in companies in a business crisis, which may choose between reducing normal working periods and/or suspending employment contracts.

Possibilities for a better London

This year the Silicon Valley comes to the UK (SVC2UK) Summit was held virtually and included a discussion on “London: a ‘Good Growth’ Recovery” between Natalie Campbell, the recently appointed CEO of Belu Water (the social enterprise company which fulfils the water requirements of the UK’s catering sector, giving most of its profits to WaterAid) and Sadiq Khan, Mayor of London.

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Aeroplane taking off on a sunny day

Magic circle and US firms win roles on Thomas Cook rescue bid

Clifford Chance is among the firms advising as Chinese conglomerate Fosun confirms its proposed rescue bid for airline Thomas Cook. The deal would see investment company Fosun inject £750m into Thomas Cook as part of a proposed recapitalisation and separation of the group. Corporate partner Tim Lewis and finance partner David Towers led from Clifford Chance […]

thomas cook

Huge cast of firms claim mandates on Thomas Cook fallout

Ashurst has joined the throng of firms advising on the collapse of holiday group Thomas Cook, taking on the key role for the official receiver, KPMG and AlixPartners. Attempts to rescue Thomas Cook from insolvency failed overnight. Ashurst, which is advising the official receiver and special managers, has fielded a team led by restructuring head […]

Accounts Committee queries Linklaters' £13m rail bonanza

The House of Commons Public Accounts Committee has criticised the Government for the way it paid Linklaters & Paines more than £13m for advice on the sale of the first three rail franchises. The report criticises the Office of Passenger Rail Franchising, Opraf, for not using a competitive tender to choose Linklaters and for not […]

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