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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Cendant Corporation’s $404m (£210.3m) public bid for Ebookers is a significant milestone for US law firms in London, with both bidder and target advised by the UK arms of US firms. The bid saw Shearman & Sterling complete its first big deal for Ebookers, a former Linklaters client, while Skadden Arps Slate Meagher & Flom […]

WTC attack deemed to be two events

Wachtell Lipton Rosen & Katz last week secured a major victory over the World Trade Centre’s insurers after a jury ruled that the 11 September attacks constituted two separate occurrences for insurance purposes. The jury handed down its verdict in this, the second insurance trial, last Monday (6 December) after 11 days of deliberation. It […]

Clifford Chance to save £40m as Childs wields axe on costs

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Interbrew legal chief takes helm of C&I Group London

The Commerce & Industry (C&I) Group has elected a new chair for London. Head of legal at Interbrew, Deepak Malhotra, takes over from Anthony Armitage – who resigned in October – as the regional head for London of the Law Society’s group for in-house lawyers. Malhotra remains co-chair of the C&I Group’s corporate governance committee. […]

MFI reviews legal panel to save £5m in adviser fees

MFI is pursuing a major review of its external legal advisers as the FTSE 250 furniture retailer moves to slash professional advisory fees by at least £5m. The retailer’s sole in-house lawyer Adrian Thurston confirmed to The Lawyer that MFI is keen to consolidate its advisers in the hope that it can strike a deal on fees. […]

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