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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Financing

Garretts advised London-listed electronic data provider Dicom Group on its share placing on the Neuer Markt segment of the Frankfurt stock exchange for £86m. Partner David Bolton led a team of two on the deal. The bank was advised by Baker & McKenzie.

Edge Ellison makes global market move

Edge Ellison has made its first formalised foray into the global market by signing up to the International Lawyers Network. Along with niche London practice Memery Crystal, the Birmingham stalwart is the only other UK operation in the 70 firm-strong network. The firm began talks with the organisation early this year and signed up at […]

Scuffle of the week

British American Tobacco v the Health Select Committee. BAT’s chairman Martin Broughton accused MPs on the committee of running a ‘kangaroo court’ after they asked him and former Chancellor Kenneth Clarke, the company’s deputy chairman, about allegations regarding smuggling cigarettes into Canada. At the committee, Broughton ripped up an internal memo referring to smuggling and […]

Guilty of a Cardinal sin?

I am not one known to put pen to paper and sound off on a letters page. I am no “Concerned of Croydon”. But I cannot stand by and watch the global behemoth of multinational business-law kill off another legal institution. We have few enough symbols of our profession’s status, history and value to allow […]

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