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COVID-19 has put many businesses in a difficult financial situation

Although the Government recognised this by pushing the Corporate Insolvency and Governance Act 2020 through Parliament to try and stem the inevitable wave of insolvencies, directors and owners cannot afford to take their eyes off the ball for a second.



Bank of Scotland offers £214m for Irish-based ICC Bank. Bank of Scotland advised by Credit Suisse Frist Boston (CSFB), Herbert Smith (David Paterson) and A&L Goodbody (James Dudley). ICC Bank represented by HSBC Investment Bank, ABN Amro, Norton Rose (Raj Karia) and Matheson Ormsby Prentice (Tim Scanlon).

Lovells starts Dutch recruitment drive

Lovells has already announced its first Amsterdam lateral hire following its vote to merge with Dutch firm Ekelmans Den Hollander. Partners at both firms voted on 8 December to combine the practices and have taken on intellectual property (IP) specialist Marc Wallheimer, a partner at Trenité van Doorne, which split its Rotterdam and Amsterdam offices […]

Coudert moves senior partner for IT focus

Coudert Scharmann, Coudert Brothers’ German office, has relocated a senior partner to Munich. Wolfgang Althaus, who is one of three managing partners in Frankfurt, will join partner Federico Pappalardo and five associates in the Munich office. The move is reflective of the growing importance of intellectual property and IT, as Munich is the country’s technolo […]

Cozens beefs up City insurance capability

Philadelphia firm Cozen and O’Connor is hiring its first two UK-qualified insurance partners to boost its fledgling London office. Hermes Marangos is joining from niche City shipping and insurance firm Elborne Mitchell, where he was a partner advising insurance and reinsurance clients in international arbitration and litigation. Matthew Cordeux is arriving as a junior partner […]

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