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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Foot brawl

News reaches Tulkinghorn that there may be a conflict of interest at Hammonds. “Surely not?” you cry. It transpires that David Hull, the partner who advised Aston Villa FC on the takeover by loaded Yank Randy Lerner, is none other than a huge fan of West Bromwich Albion. Tulkinghorn predicts a riot.

McDermott Germany splits over strategic differences

McDermott Will & Emery’s Munich office has suffered a four-partner exodus from its tax department. Oliver Kachele, Joachim Giehl, Marcus Roth and Claudia Sendlbeck-Schickor have all left McDermott after just 18 months with the firm, reports Juve today. The team all arrived from KPMG in early 2005. Two of the team’s associates have also left […]

South African giants gain merger clearance

The South African Competition Commission has given the merger between leading South African firms Edward Nathan and Sonnenberg Hoffmann Galombik (SHG) the green light. The 100-lawyer Edward Nathan and 190-lawyer SHG announced their intention to merge in June, in a move that will create the largest firm in Africa by size, as first revealed on […]

Linklaters scores Capvest coup

Linklaters has made a brave attempt at rebuilding its private equity practice following the departure of partners Graham White and Raymond McKeeve to Chicago giant Kirkland & Ellis earlier this year. Linklaters partners Charlie Jacob and Richard Youle won the mandate to advise CapVest, a regular client of its Stockholm arm, on the sale of […]

IP capability high on the agenda

Other in-housers on the move included Tibco Software senior UK legal counsel Helle Jorgensen, who leaves the financial software house, which was spun out of Reuters, for US technology giant Sybase. She becomes UK general counsel. Another US company, Kraft Foods, is looking to beef up its IP capability. Kraft is following in the footsteps […]

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