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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Former Dewey partners team up to take on Barclays

A new month, a new chapter in Barclays’ mammoth battle against former Dewey & LeBoeuf partners. Three partners represented by Candey and Signature Litigation have today agreed to join their cases against Barclays over loans they say they were misled into taking out. If the order is given the rubber stamp by Mr Justice Popplewell, […]

Ministry of Defence

MoD external legal spend escalates 66 per cent over five years to £10m

The Ministry of Defence (MoD) increased its spend on external lawyers to £10m in 2012/13 from £3m a year earlier, despite its number of in-house legal staff climbing up to 230.  Figures disclosed to The Lawyer by the MoD show that external legal spend fell by 66.6 per cent from a previous high of £6m in […]

Charles Russell’s revenue soars to record high of £73.4m in 2013/14

Charles Russell’s turnover increased by 7 per cent in 2013/14 from £68.9m to £73.4m, marking a new record for the firm. The results follow the previous year’s relatively static financial results, which saw revenue shuffle from £68.1m up to £68.9m. Net profit increased between 2011/12 and 2012/13 by 8.4 per cent from £12.6m to £13.7m, […]

Liverpool

Weightmans hits turnover high with 6 per cent rise to £87m

Weightmans has continued its growth trajectory with a 6 per cent increase in turnover, from £82m to £87m for the 2013/14 financial year. The increase follows a similar 6 per cent rise between 2011/12 and 2012/13 (15 May 2013). The firm said net profit had risen by 2 per cent, to £24.1m, with net debt […]

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