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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Japan looks after its own in C&W bid

US and Japanese law firms are locking horns over a bid by UK-based Cable & Wireless (C&W) to buy Japanese-based International Digital Communications (IDC). C&W has offered u347m in cash for IDC. But Nippon Telegraph and Telephone, Japan’s largest telecoms operator, has put in a bid to buy the company in stocks and cash for […]

Brochure girls fight back

As a solicitor who also has experience of legal practice management (including some marketing) I read the comments made by David MacKenzie, director of sales and marketing at Michael Page ( The Lawyer 17 May, page 14) with disbelief. Has he heard of the Sex Discrimination Act? I recently met a male manager with less […]

Prince of Darkness returns to Clifford Chance

Former Deutsche Bank’s global general counsel Peter Brooks has returned to his old firm of Clifford Chance with “more to give” following his in-house experience. Brooks, dubbed the “Prince of Darkness”, was tempted back to head Clifford Chance’s expansionist European corporate unit. Brooks, who earned the sobriquet through his ruthless style, left Clifford Chance in […]

Edge Ellison ditches lockstep for performance-based pay

Edge Ellison has moved away from lockstep by introducing incentive-based pay for equity partners. The complex system of assessment seeks to reward both ability and performance, says new managing partner Simon Ramshaw. He describes the new system as scientific, rigorous and exacting. “A percentage of partners’ remuneration will be determined by performance in the year […]

Property

Simon Corke, property services partner at DJ Freeman, advised the Crown Estate on a contract under which King’s College, London will take a 125-year lease on the Grade II listed Rolls Estate, Chancery Lane. Property partner Gerald Bland of Herbert Smith represented King’s College.

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