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

B&M finalises Interbrew purchase

Baker & McKenzie is completing an audacious Eastern European purchase for Interbrew, which is fighting the UK Government’s decision to force a sale of Bass. The South African brewer has purchased an 81.4 per cent stake in Ukrainian-based Rogan Brewery via its joint venture with Indian brewers Sun Brewing Group, in which Interbrew has a […]

the Leader column

The best way of goading a Clifford Chance corporate partner – and indeed, an Allen & Overy (A&O) corporate partner if it comes to that – is this: adopt an ever-so-slightly sorrowful expression, and whisper sympathetically: “Of course, you’re really a finance firm, aren’t you?” While both A&O and Clifford Chance perform okay on the […]

Ernst & Young makes ties for global edge

The German arm of Ernst & Young is entering into a cooperative deal with two niche insolvency practices, giving them the capacity to take on complex international cases and compete with global firms. Heidelberg-based insolvency firm Wellensiek is merging with Stuttgart boutique insolvency practice Dr Grub & Brugger in order to hook up with Ernst […]

CASE ANALYSIS: STRIKING OUT OF CLAIMS/RECOVERY OF DAMAGES

In November 1998, the Court of Appeal in Johnson v Gore Wood & Co struck out as an abuse of process, under the rule in Henderson v Henderson, an action that had begun more than five years earlier and was eight weeks from trial. The court held that Johnson should have brought his action at […]

Technology, Media and Telecommunications

Railtrack Telecom Services and Marconi in joint venture to create EuroMast. Railtrack Telecom Services advised by Simmons & Simmons (Jerry Walter). Marconi advised by Allen & Overy.

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