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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money

Net debt more than doubles at RPC

Net debt at Reynolds Porter Chamberlain (RPC) has increased by £2.8m according to the firm’s latest LLP filings, from £2.3m to £5.1m. Last year RPC increased its bank loans by £1.8m, repayable in monthly instalments until 2017 at 2.5 per cent plus Libor, to £4.8m in 2012/13. The firm also added £420,428 to a short-term […]

Serjeants’ Inn mates make clinical break

Outer Temple might be feeling a little draughty this week after the defection of a four-strong barrister team to Serjeants’ Inn. The barristers left 6 Pump Court back in 2004 before the set dissolved and now will be taking on regulatory, disciplinary, medical and clinical negligence work at their new home. They join former set-mate, […]

Ian Brownhill of No5 Chambers comments on international human rights cases

Ian Brownhill of No5 Chambers has commented in the media on three international human rights cases.  Referring to the execution of Edgar Tamayo by Texas on 22 January, Ian Brownhill, writing in the Amicus ALJ newsletter, sets out the legal basis of the decision of the International Court of Justice and warns that there could […]

Corporate Matters — January 2014: good news for good and bad leaver clauses

Good and bad leaver provisions — a mainstay of private equity deals — don’t often find themselves in court. A very recent High Court decision has considered their effectiveness. In Moxon v Litchfield, a former director, Mr Moxon, sought redress in respect of his removal as a director and the provision in the company’s articles of association and shareholders’ agreement […]

Liz Kelly

Olswang, Burges Salmon and Nabarro lose Nationwide panel spots post review

Nationwide Building Society has cut its panel to four after dropping Olswang, Nabarro and Burges Salmon from its roster. Allen & Overy (A&O) and Eversheds have retained their spots on the general panel following an internal review led by general counsel Liz Kelly, with Addleshaw Goddard and Linklaters added to the list. This is Nationwide’s first general […]

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