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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Corporate

Durlacher Corporation forms joint venture and alliance with venture capitalist BMP. Durlacher advised by SJ Berwin (Jonathan Metliss). BMP advised in-house. Stessa makes £68.7m bid to take property investment company Moorfield Group private. Stessa advised by CMS Cameron McKenna (Barney Hearnden). Moorfield advised by Herbert Smith (Nigel Farr). Abbott Laboratories acquires BASF’s pharmaceuticals business for […]

Baker & McKenzie edges in on Interbrew Bass challenge

Belgian brewer Interbrew has called in Baker & McKenzie to work alongside Simmons & Simmons on its judicial review. Simmons boasts Interbrew as one of its biggest clients, and has so far been running the entire case, challenging the Government’s decision to block Interbrew’s acquisition of Bass Brewers. Now Interbrew has called in Baker & […]

rbs / chrysalis group

Before the Royal Bank of Scotland (RBS) merged with NatWest last year, Weil Gotshal & Manges handled securitisation work for Greenwich NatWest, part of NatWest Markets. After the merger, Weil Gotshal developed a relationship with RBS and it now advises the bank on much of its asset-backed finance work. The Chrysalis deal is the first […]

The Leader column

At the risk of sounding like a cultural imperialist, it is truly pleasurable to see that the new German takeover bill has incorporated so many Anglo-American elements, not least the squeeze-out provision which gets over the tricky problem of minority shareholders. Thankfully, the move by the European Parliament last year which watered down the takeover […]

Hume joins Kingsley Napley litigation dept

Leading fraud litigator John Hume is joining Kingsley Napley from the now defunct Ralph Hume Garry. Hume is the last partner to find a home after the six partners at niche firm Ralph Hume decided to go their separate ways (The Lawyer, 26 February). Name partner Hume joined the specialist litigation and arbitration firm four […]

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