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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Freeth Cartwright modifies ‘confusing’ remuneration system

Freeth Cartwright has overhauled its remuneration system after realising that partners found it baffling. The firm is sticking with a principally merit-based system, but has dumped its seniority weighting element in favour of an alternative that makes it possible for a new equity partner to be the firm’s highest earner within five years. Chairman Colin Flanagan […]

Trio secures sugar puffs brand sale

Baker & McKenzie, DLA Piper Rudnick Gray Cary and North West London firm Solomon Taylor & Shaw all advised on the sale of the iconic Sugar Puffs cereal brand to Big Bear. The deal is expected to complete in early September. Solomon Taylor advised the buyers, led by the firm’s senior and managing partner Raymond […]

Hill Dickinson goes green to slash carbon footprint

North West firm Hill Dickinson is going green with a scheme designed to offset its carbon footprint and create a local community woodland. The firm is working with environmental company co2balance.com to plant 1,149 trees in order to cancel out the carbon dioxide it uses each year. In addition Hill Dickinson also plans to switch […]

DLA Piper wins lead role on controversial fraud GLO

DLA Piper Rudnick Gray Cary has fought off competition from McGrigors to be appointed as lead solicitor in a group litigation order (GLO) for a potential 150 companies claiming damages against the government that could run into millions. The companies are claiming for losses caused by Revenues & Customs, which has penalised them for their […]

Herbies reshuffle bolsters Paris office

Herbert Smith is ‘rebalancing’ its arbitration practice by moving partner Michael Young to Paris in a bid to bulk up in the French capital. Young will be based permanently in Herbert Smith’s Paris office from September, where he will continue the international arbitration work he has been doing in London. Young told The Lawyer: “My […]

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