Latest Briefings

Covid-19 Ireland: Support extended credit guarantee scheme and new pandemic fund

On 2 May 2020 the Irish Government agreed a suite of important measures to further support affected small, medium and larger businesses. These include a €2 billion COVID-19 Credit Guarantee Scheme to support bank lending to small and medium sized enterprises and a new €2 billion Pandemic Stabilisation and Recovery Fund to support medium and large enterprises.

Use of Government’s coronavirus job retention scheme by companies in administration: Debenhams

In a judgment handed down on 6th May 2020 in Re Debenhams Retail Ltd (in administration) [2020] EWCA Civ 600, the Court of Appeal provided confirmation on the implications for office holders and insolvent estates of using the Government’s Coronavirus Job Retention Scheme in administrations, following the previous first instance decisions on the issue in Re Carluccio’s Ltd [2020] EWHC 886 (Ch) and Re Debenhams Retail Ltd [2020] EWHC 921 (Ch). Matthew Weaver considers the judgment and its implications in this briefing.

Use of Government’s coronavirus job retention scheme by companies in administration: Carluccio’s

In a judgment handed down on Monday 13th April 2020 in Re Carluccio’s Limited (in administration) [2020] EWHC 886 (Ch), Snowden J considered the application of the Government’s Coronavirus Job Retention Scheme in administrations both as a matter of principle and in respect of the logistics and practicalities involved for office holders. Matthew Weaver considers the judgment and its implications in this briefing.

Green is good – a Channel Islands perspective

Fiona Le Poidevin, CEO of The International Stock Exchange Group, explores how the Channel Islands are utilising experience and expertise to make a significant impact in global green and sustainable finance initiatives.

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A&O plummets 123 places in US associate survey

Allen & Overy (A&O) has nose-dived in the esteem of its US associates, according to American Lawyer magazine’s latest associate satisfaction survey. The firm fell 123 places from fifteenth spot to 138th out of 148 firms. The result is a major drop from last year, when A&O was the highest-ranking UK firm in the survey. Clifford Chance […]

Two’s a crowd

Larger firms suggest conflicts are getting out of hand. Which is why the courts are seeking a compromise between client confidentiality and the realities of business. By David Halpern The dispute between Marks & Spencer (M&S) and Freshfields Bruckhaus Deringer this year raised fundamental questions about the role of solicitors in the 21st century. Are […]

Freshfields offers partnership to lure Shearman capital markets star

Freshfields Bruckhaus Deringer has poached Shearman & Sterling finance counsel Linda Hesse as partner for its Paris office, a rare example of an associate being hired straight into the partnership. The firm took on Linklaters’ banking and restructuring associate Chris Howard in January, its first ever associate hire into the partnership in London. It is […]

Mediators clash with EU over new directive

A row has broken out over a proposed European directive on mediation published on 22 October. Mediators and other bodies, including the Department of Constitutional Affairs (DCA), are concerned that the directive will impose too much regulation on this area of dispute resolution. The directive has been in discussion since 2002, when a Green Paper […]

£700m Abacha dispute finally gets to be heard

After five years in limbo, the £700m dispute over funds transferred to the family of the late Nigerian dictator General Sani Abacha finally comes to court this week. A two-day case management conference starting today(1 November) will determine security for costs and introduce a new party to the dispute, which has already cost several million pounds in […]

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