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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The Firm

Henderson: You know, I’ve been thinking about The Firm’s image. To an outsider, we must come across as absurd caricatures, so for once I’ve decided we should do things properly, act with a bit of class. For example, this ABA conference. We should show our US cousins the rich history of The Firm. Pratchard: Hence […]

BP Amoco matches City firms’ salaries

BP Amoco’s in-house legal department is entering the bidding war for lawyers by reviewing its pay structure to bring it in line with City rates. BP Amoco group general counsel Peter Bevan has commissioned a report to review rates of pay for lawyers from newly-qualified associates up to partner level. He says: “If you take […]

Simpson Thacher hires two partners from Shearmans

Shearman & Sterling‘s Silicon Valley expansion plans have suffered a setback with two of the firm’s top partners leaving for Simpson Thacher & Bartlett. William Hinman, who was Shearmans’ managing partner in San Francisco and Menlo Park, and business finance partner Kevin Kennedy are leaving for the rival New York firm. Shearmans has significantly increased […]

The policy for bar mergers

I refer to the 17 July article on page three about the Bar Council’s “Barmark” mergers policy. I am writing to clarify our policy: 1. If chambers are proposing to merge, this should be made clear in their business plan and to BSI on the validation visit. Provisions should be made as to how the […]

Gainfully employed

Previously the domain of the female lawyer, employment law was sneered at by corporate lawyers and ignored by City firms. Mark Brandon reports on the change and highlights the sector’s most prominent lawyers and law firms Fraser Younson: moved from Baker & McKenzie to McDermott Will & Emery Just a few years ago, employment law […]

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