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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Kemp Little bags Norton Rose employment ace

Kemp Little has taken on former Norton Rose partner Tim Russell as part of the niche firm’s bid to expand its employment practice. Russell was previously head of Norton Rose’s employment group, but resigned last summer to move into consultancy work, as well as continuing as a part-time Employment Tribunals chair. Russell will start at […]

CC to shake up West Coast office

Clifford Chance’s management is set to implement a fundamental review of its West Coast practice as the firm embarks on a full-scale push to drive up US revenue. It is understood that management has conducted a number of meetings with its West Coast partners about a new strategy. The first occurred three weeks ago, when […]

Davis Polk wins mandate for billion dollar RBS deal

Linklaters’ UK client Royal Bank of Scotland (RBS) has turned to Davis Polk & Wardwell for its surprise £5.8bn acquisition of US retail bank Charter One. Davis Polk is working with Boston-based firm Goodwin Proctor on the transaction which is being conducted through RBS’ wholly owned subsidiary Citizens Financial Group and is expected to be […]

SJ Berwin wins battle to keep partners destined for Olswang

In a kick in the teeth to Olswang, SJ Berwin has managed to win back private equity partners Jonathan Pittal and Perry Yam, who had resigned to go to Olswang.Their final decision comes following a partnership vote on Monday night, which saw the pair promoted into SJ Berwin’s equity. This is believed to be one […]

More like disorientated

The Quote of the week goes to Canadian firm Blake Cassels & Graydon, which has just opened its second US office in Chicago. According to partner Christopher Picone, what makes Blakes Cassels so special is that “we’re extremely solution-orientated rather than problem-orientated”. This is either scarily profound or utterly stupid. After some consideration, Tulkinghorn is […]

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