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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FUTURE FOR FRAUD. The conman, the crime and the costs

Fraudsters using false financial instruments are stealing more than £6 million a day from businesses, individuals and even governments, according to a report by the International Chamber of Commerce. (The Times 1 March). That bland but startling report conceals much more than it reveals. The cost of fraud to society runs into billions and affects […]

Financings

SJ Berwin acted for Meglomedia for its placing of shares with Robert Flemming merchant bank in a deal worth £5 million.

TG sells offices to former US partner

THEODORE Goddard has sold its half share of its four Eastern European offices to its US joint venture partner Dewey Ballantine, ending its hopes for a merger. The offices, which TG opened jointly with Deweys in 1991, are in Budapest, Prague, Warsaw and Cracow. TG’s Warsaw partner Bruce McGregor will return to the London office […]

SA calls for more help from UK as five give free talks

Nelson Mandela’s deputy minister of justice has called for training help from UK lawyers. The deputy minister, Dr Mantobazana Tshabalala-Msimang, visiting England for Mandela’s state visit, spoke to members of the British South African Lawyers Association at the Law Society on 8 July. “My message to you,” Tshabalala said, “is do not be hesitant in […]

Profession loses appeal for Osbornes man

The drift of senior lawyers to top flight management jobs outside the profession has continued with the appointment of Osborne Clarke corporate partner Jeremy Simon to the board of Prism Rail. Prism is one of the few privatised rail companies quoted on the London Stock Exchange. Simon will handle the development of corporate services, including […]

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