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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Slaughters on call for EY after audit reform backlash

Slaughter and May has been brought in to advise Big Four accountant EY as it seeks to fight back against audit reforms announced by the Competition and Markets Authority last month. The firm is advising EY on whether it can challenge recommendations made by the CMA, which suggested an overhaul of the audit sector following […]

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Magic circle firm among beneficiaries of £9m Network Rail fees

Clifford Chance and Eversheds Sutherland raked in £9m on the momentous £1.5bn sale of thousands of Network Rail’s railway arches. The firms jointly advised Network Rail in the sale process, known as Project Condor. The National Audit Office posted today that the transaction cost £35m overall, meaning nearly a quarter of the sum was spent […]

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