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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Dechert shuts down private client group

Dechert has closed its private client practice after losing its sole partner in the department to Withers. Ian Marsh, who has been with Dechert for 12 years, joins Withers today (20 November). The move is the latest in a series of senior lateral hires by Withers’ private client department, which took on Clive Cutbill from […]

Asticus

Asticus sells freehold interest in 15 Great Marlborough Street to Royal & SunAlliance for £30.7m. Asticus advised by Denton Wilde Sapte (Stan Gniadkowski). Royal & SunAlliance advised by Maples Teesdale (Mark Bryan).

DaimlerChrysler

DaimlerChrysler UK acquires Lex Autosales for £17.95m from Lex Service. Lex Autosales advised by Berwin Leighton (Jonathon Cane) and Pinsent Curtis (John Edwards). DaimlerChrysler UK represented by Howes Percival (Brandon Ransley).

CMS alliance finally fills CEO position

CMS, the European alliance launched by Cameron McKenna, has at last appointed a new CEO, almost a year after the post became vacant. The alliance has appointed non-lawyer Peter van Dalen who will step down as managing director of Camerons’ Dutch ally CMS Derks Star Busmann Hanotiau. The alliance lost CEO Peter Lonnquist in December […]

Accounting for change

Ever since the merger between accountants PriceWaterhouse and Coopers & Lybrand in 1998, there has been an increased flux within the insolvency industry, particularly in the accountancy sector. But why has this manifested itself so strongly in recent years, and what effect is this growing instability having on the relationships within the industry as a […]

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