Insolvency and restructuring

News

Joules retail

Slaughters and Shoosmiths lead in rescue deal for Joules

Slaughter and May has advised FTSE 100 giant Next, as it buys fashion retailer Joules out of administration. A team led by partner duo Ian Johnson and Claire Jackson worked with Next on its bid for Joules. Johnson leads Slaughters’ restructuring group, while Jackson was promoted to partner in the corporate team in 2020. Meanwhile, […]

Made.com

Next calls in Eversheds as it agrees Made.com deal

Eversheds Sutherland has landed the advisory role for Next as it swoops in to purchase the IP of collapsed furniture retailer Made.com. The Lawyer has learnt that a corporate team from Eversheds has advised Next on the brand acquisition. The FTSE 100 giant sought counsel from the firm last week as time ran out to […]

Made.com

HSF advises as Made.com calls in administrators

Herbert Smith Freehills has been instructed by furniture retailer Made.com as it files notice of its intention to appoint administrators. The decision to appoint PwC as administrators is the latest step towards Made.com’s potential collapse if a deal cannot be secured. At the end of September, Made.com launched a strategic review process as it sought […]

Bulb Energy

Linklaters and CMS seal Bulb Energy rescue

After a year-long tender process, Bulb Energy has finally been sold to fellow provider Octopus and thereby rescued out of special administration. CMS advised the buyer Octopus Energy, a provider specialising in renewable and sustainable solutions. The team was led by corporate partner Charles Currier, supported by partner Emma Clark. They were aided by senior […]

Paris Autumn

Squires lands new restructuring hire in Paris

Another partner from Brown Rudnick’s restructuring team has joined Squire Patton Boggs, this time in Paris. Arnaud Moussatoff, who is based in the French capital, is moving to Squires after nearly four years as a partner at Brown Rudnick. Before that he was a counsel at DLA Piper. His move follows a five-person exodus from […]

Analysis

Prateek Swaika, Boies

After Natasha: Boies Schiller’s uphill comeback

Late into the night at Côte Brasserie in Barbican, two lawyers are deep in quiet conversation. The topic: what Boies Schiller’s London office does next. It was early December 2021. It had been a few weeks since Natasha Harrison, once touted as the heir apparent to prominent founder David Boies, announced she was leaving the […]

The future of data class actions: All eyes are on Mishcon and Quinn

This week marked a year since the Supreme Court’s decision in Lloyd v Google in which a multibillion-pound data protection claim brought against the tech giant was thrown out. The immediate aftermath saw a long pipeline of data claims dropped in a flash. But 12 months on and claimant firms are anticipating a bounce-back. Here are […]

Dickson Minto will merge. Will it take the Edinburgh office with it?

Meetings between law firm leaders can be casual, just a polite meeting to chew the fat over a cup of coffee, or they can have a serious intent. Last month, when Dickson Minto’s de facto managing partner Jordan Simpson met with a delegation from New York’s Fried Frank, it was the latter. Make no mistake, […]

The poisoned debate: Forstater and Bailey’s lawyer on defending gender-critical beliefs

While the gender debate rages on between family and friends, on social media and now in the workplace, a growing number of women have been fighting their employers tooth-and-nail over the right to hold gender-critical beliefs without being subject to workplace discrimination.   In 2021, the Employment Appeal Tribunal ruled that think-tank researcher Maya Forstater […]

Featured Briefings

The Cayman Islands Court of Appeal Relieves the Tension between Arbitration Clauses and the Just and Equitable Winding Up Jurisdiction

In a comprehensive judgment published on 23 April 2020, the Cayman Islands Court of Appeal, comprising Moses JA, Martin JA and Rix JA, has provided welcome clarification of the interplay between a contractual agreement to arbitrate disputes arising between shareholders and the exclusive jurisdiction of the Court to determine whether a company should be wound […]

Challenging an IVA on the grounds of material irregularity

By Simon Clark, Gawain Moore In Gertner v CFL Finance Ltd [2018] the Court of Appeal found that there had been a material irregularity at the creditors’ meeting convened to consider the debtor’s IVA proposals. The lender’s breach of the good faith principle between creditors was sufficient to revoke the IVA on grounds of material irregularity.