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.

Recommended

Identity crisis

With a more sophisticated rent review arbitration process, are expert valuation witnesses behaving too much like advocates? Jonathan Seitler QC reports Traditionally, whether or not a rent review involves an oral hearing, the landlord and tenant each employ a surveyor to give an opinion of value to the arbitrator. Although the landlord’s valuer will usually […]

Cisco move sees UK lawyer forgo his position

Cisco Systems’ only UK-based corporate lawyer has left following the US technology giant’s decision to relocate a number of business functions to its West Coast headquarters. Alfred Farha, (left) who was senior counsel for Europe, Middle East and Africa (EMEA) for four years, has opted to remain in the UK. His former co-head of the […]

Lovells’ hopefuls gear up for managing partner race

Five favourites emerge to fill incumbent Lesley MacDonagh’s shoes; decision due in November Lovells has started the process to replace managing partner Lesley MacDonagh, with five partners emerging as early potentials to fill the role. It is understood that the firm is in the first stages of the race in which partners can put their […]

What goes up …

Elizabeth Thompson reports on retailers’ disenchantment with upwards-only rent reviews Upwards–only rent reviews (UORRs), as highlighted by the Labour Party 2001 Business Manifesto, are “a source of grievance to many in the business community”. If landlords are concerned with working alongside their ‘customers’ over the five-yearly headlock on rent review, a solution needs to be […]

V2 legal head leaves to begin new business venture

The worldwide head of legal at Richard Branson’s record label V2 is quitting. Will Meekin, director of commercial and business affairs for V2 Music Worldwide, will leave at the end of August and is hoping to launch an independent consultancy for the music and entertainment sectors. V2’s chief executive Tony Harlow is reviewing the position […]

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