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 lobby US over international court fears

A lawyers’ human rights lobby has written to US President Bill Clinton warning him that the US government’s proposed restrictions on an international criminal court (ICC) threaten to undermine its independence. The 15 leading US lawyers, members of the national council of the Washington-based Lawyers Committee for Human Rights, urge Clinton to “make certain that […]

Continental merger creates first “truly European firm'

Leading continental firm Stibbe Simont Monahan Duhot is to merge with 140-lawyer German practice Gleiss Lutz Hootz Hirsch to form what it claims is the first “truly European firm”. However, the merged firm will still have no UK law capacity and it said a tie-up with an Anglo-Saxon firm will be the next priority. The […]

“Super ombudsman' may weaken complaints system

The plan to create a new financial services “super-ombudsman” could lead to the sort of formal court procedures and lawyer involvement in complaints that the ombudsmen were set up to avoid, investment ombudsman Peter Dean has warned. The Financial Services Authority set up a steering group in April to bring all financial services ombudsmen into […]

Chinese govt rules out hiring by foreign firms

THE CHINESE government has dashed hopes that it is preparing to allow international firms to exploit the potentially huge Chinese market by hiring local lawyers. China is under pressure from the US and EU to lift its ban on the employment of locally qualified lawyers by international firms before it can join the World Trade […]

Mussel catcher shows his strength in court

A fisherman who claims his business was ruined by pollution is suing South West Water for damages, reports Roger Pearson Mr justice Carnwath has given permission for a High Court test case against South West Water over alleged sewage pollution of the seas off north Devon. But in doing so, Judge Carnwath has blocked moves […]

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