Latest Briefings

Sending in the bailiffs… no longer an option for landlords

On 15 September 2020, the government announced further measures to protect commercial tenants from recovery action by restricting the ability of landlords to recover unpaid rent by utilising the Commercial Rent Arrears Recovery process (“CRAR”).

What price do you put on the environment?

The pandemic has challenged a lot of the ways we do things, and large scale on-site catering has been subject to more change than most. For some, this has meant the logistical challenge of delivering meals to residents at a distance from a central kitchen, and alongside the physical distribution, this has brought about the need to procure packaging for hot meals.

SMAs – a phoenix from the flames of Covid-19?

One of the consequences of the slowdown in fundraising caused by the recent pandemic seems to have been an increase in the use of Separately Managed Accounts as investment vehicles.

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Squires cuts salaries as firm responds to Covid-19 pandemic

Squire Patton Boggs has announced temporary salary reductions for associates and support staff, while profit distributions for partners will also be adjusted. The firm has said it is cutting associate salaries by 20 per cent, in accordance with local law requirements. However, its existing bonus programme will not be affected. Global support stuff will also […]

HSF refreshes executive board after CEO election

Herbert Smith Freehills’ new chief executive has announced a restructure of the firm’s leadership, with new appointments in the firm’s disputes group and wider EMEA region. The firm’s executive committee has been reshuffled, following the election of Justin D’Agostino, who took over from Mark Rigotti. They will take charge of the firm’s key strategic decisions, […]

Penningtons Manches in talks to boost borrowing amid pandemic

In an attempt to stand up to the economic ramifications of the coronavirus pandemic, Penningtons Manches Cooper is looking to extend its external credit facilities. A decision has officially been taken by the firm in regard to raising more capital, although The Lawyer understands it is still only in negotiations with its primary lender. The […]

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