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

Eversheds goes for volume market in management rejig

Eversheds is undergoing a wholesale management shake-up in Cardiff and Bristol, with Cardiff set to spearhead Eversheds’ drive into the volume legal services market. Insurance litigation partner Bryan Hughes replaces David Vokes as regional managing partner. He will run the regional office with new senior partner Alan Meredith, who took over the job last year […]

Corporate

Nestlé buys all outstanding shares in Ralston Purina Company for £4.27bn. Nestlé advised by Cravath Swaine & Moore (Alan Stephenson). Financial advisers Greenhill & Co and Credit Suisse First Boston. Ralston Purina represented by Wachtell Lipton Rosen & Katz (Steven Cohen) and Bryan Cave (Don Lents). Financial adviser Dresdner Kleinwort Wasserstein.

Axa Corp sets up new legal panel

Axa Corporate Solutions, which is part of the Axa group, has set up a panel of preferred law firms. The panel is unusual as the work is for large multinational clients, and the firms need to prove that they have the capacity to cope with complex multijurisdictional work. A number of firms are known to […]

White & Case profits from Italian merger

White & Case‘s new Italian practice has gained an intellectual property (IP) partner and three associates through the merger of boutique firm Studio Attolico Legale and its Italian partner Varrenti e Associati. The deal comes just two weeks after White & Case announced its merger with the five-partner Italian corporate firm to create Studio Legale […]

A VIEW FROM INDIA

Is India the new Japan? This question will raise a wry smile from lawyers who have worked on India-related matters over the past 10 years. In 1991 India announced deregulation and reform to open up its economy. The first flush of enthusiasm, which saw Western businesses, including law firms, rush to take advantage of India’s […]

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