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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Lawyers have a role in inheritance tax planning

Provide a one-stop-shop for clients, advises Colin Studd Inheritance Tax, a combined gift tax and death duty, was introduced in the 1986 Finance Act, replacing Capital Transfer Tax which in turn replaced Estate Duty. The act received the Royal Assent on 25 July 1986 and applies to all transfers made on or after the 18 […]

Brooke defends judicial review plan

LAWYERS at a conference on judicial review voiced concerns that a Law Commission proposal may make it tougher for people to obtain leave. Chair of the commission Sir Henry Brooke says this had never been the commission’s intention but he was happy to pass on concerns to the Government. He told the conference, jointly hosted […]

Property investors risk prosecution

Herbert Smith says property investors and their professional advisers risk prosecution under anti-money laundering legislation because of ignorance of important provisions in the Criminal Justice Act 1993 which came into force earlier this year. A survey by the firm among key players in the property market shows 45 per cent had little or no knowledge […]

Fordham for 2 Hare Court

BESTSELLING barrister Michael Fordham is leaving commercial chambers at 3 Gray’s Inn Place for 2 Hare Court, a set specialising in both public and commercial law. Fordham, author of the ‘Judicial Review Handbook’, has taught administrative law at Hertford College, Oxford, since completing his pupillage four years ago. “I’m not turning my back on commercial […]

Mackay clarifies mediation paper

LEGAL advice should be used in support of mediation in divorce proceedings rather than as a matter of course, the Lord Chancellor says. Speaking at last week’s annual general meeting of National Family Mediation, Lord Mackay said responses to last year’s green paper on mediation and the grounds for divorce showed there was overwhelming agreement […]

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