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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Legal & General challenges FSA’s enforcement formula

Legal & General (L&G) is considering whether to press the Financial Services and Markets Tribunal to force the Financial Services Authority (FSA) to overhaul its enforcement procedures. The FSA was last week criticised by the tribunal over its handling of the mis-selling case against L&G in its judgment of the landmark case. It came just […]

Conflicts top the agenda -again

Another week, another set of conflict allegations. First, there’s Norton Rose being blasted by erstwhile trophy client Stelios on its work for Stelmar. Norton Rose is denying any conflict, but that hardly seems to be carrying much weight with the easyGroup chairman. And then there’s the GE panel review, heavily trailed in this magazine and […]

The Roundhouse receives free Latham performance

Lawyers at Latham & Watkins’ London office have found a way to combine their passion for theatre with their legal expertise, after forging a pro bono relationship with Camden’s iconic theatre building the Roundhouse. The famous venue, which has played host to stars including Jimi Hendrix, the Rolling Stones and Pink Floyd, fell into disrepair […]

Careers: people

Moon Beever has hired Davis Arnold Cooper’s former head of business recovery Shashi Rajani as a partner in its insolvency and business recovery team. Rajani was formerly a barrister in both London and Tanzania and an insolvency manager with Coopers & Lybrand. Cheshire firm Forshaws has strengthened its Warrington commercial division with two commercial lawyers. […]

Opinion

The old QC selection system was not as bad as its press, but the new one should be better An article published recently in The Times (23 November 2004) considered “the notorious system of appointing Queen’s Counsel through secret soundings”. Although I agree that many of the bar’s traditional systems and notions need overhauling, I […]

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