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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Kennedys opens Cambridge office on back of NHS work

City firm Kennedys is extending into the regions and opening an office in the Cambridge area. The move follows the firm’s appointment to the National Health Service Litigation Authority (NHSLA) legal panel in London and East Anglia. The office will be headed by Mills & Reeve partners John Chapman and John Lapraik, who will leave […]

Cleaning up the act

The passage through Parliament of the Financial Services and Markets Act 2000 has attracted much attention since Gordon Brown announced in 1997 the Government’s intention to crack down on financial crime. With some 1,500 amendments to the bill, the new framework for regulating the UK’s financial industry has been subject to much scrutiny. The result […]

LCD pressure group proposal set to create higher workloads

Litigators could see a dramatic increase in workload if the Lord Chancellor’s latest proposal is adopted. A consultation paper on whether to allow consumer, environmental, trade and other pressure groups to bring private actions on behalf of their interest groups for the first time was issued last week. Litigation may change, as the interpretation of […]

Baker Botts opens in Riyadh with two Arent Fox partners

Arent Fox closes Saudi Arabia office; Baker Botts swoops for partners Baker Botts has taken on two partners from Washington DC firm Arent Fox Kintner Plotkin & Kahn, which is closing its Saudi Arabia office. Houston-based 300-partner firm Baker Botts is setting up a Riyadh office with the two Arent Fox partners to bolster its […]

Corporate

So it’s goodbye Patrick Drayton, current director general at the Takeover Panel, and hello Philip Remnant, senior banker at Credit Suisse First Boston, who will begin a two-year secondment in April. But oh, Mr Remnant, do you really know what you’ve let yourself in for? Heading the Takeover Panel has hardly been a bed of […]

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