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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Ashurst: PEP rises as turnover stalls

Ashurst’s financial performance has rebounded with the firm reporting a 9 per cent increase in average profits per equity partner (PEP) last financial year to reach £567,000. But the increase was still not enough to fully counteract the firm’s dismal results in 2003/04, which saw average PEP tumble 11.7 per cent to £521,000, down from […]

Bringing the house down

A Slaughters partner may be edging perilously close to financial ruin after his wife bet the house on London’s theatreland. Two weeks ago, the well-known theatre producer and Perrier Awards chief Nica Burns, with American oil millionaire and theatre producer Max Weitzenhoffer, stumped up £5.75m for a half share in the Apollo, Garrick, Duchess and […]

Lovells names Asia chief

Lovells has appointed litigation specialist Crispin Rapinet as the firm’s new Asia regional managing partner. Rapinet, formerly Lovells’ Hong Kong managing partner, succeeds Don Kelly, who stood down in April. As Asia regional managing partner Rapinet will have overall responsibility for Lovells’ six offices in Hong Kong, Beijing, Shanghai, Tokyo, Singapore and Ho Chi Minh […]

Halliwells grows North West with DLA Piper, Pinsents hires

Halliwells has snagged a second partner from DLA Piper Rudnick Gray Cary’s Liverpool office and has lured Pinsent Masons partner Patrick Kennedy in Manchester. Colin Gibbons will join Halliwells later this year along with DLA Piper associate Fiona Parry, who becomes a partner at her new firm. The firm hired DLA Piper corporate partner Paul Jefferson in […]

Legal Widow

The firm is worse than the schools when it comes to letting people out for holidays. As it is you practically have to pledge a new science wing in your will to get a long weekend out of the schools we send the kids to, but that’s nothing compared to the negotiating I have to […]

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