The return of Crown Preference on 1 December, 2020 has widely united the restructuring community against the new measures. Whilst the rationale that the Treasury should have priority for sums received by a debtor on its...more
On 20 April 2020, the UK government (“Government”) announced the Future Fund, providing financing to UK companies (including to start-ups and scale-ups in the technology and life sciences sectors) in the form of a convertible...more
5/4/2020
/ Convertible Debt ,
Corporate Governance ,
Eligibility ,
Funding ,
Investment Schemes ,
Investors ,
Life Sciences ,
Loan Applications ,
Startups ,
Tax Relief ,
Technology Sector ,
UK
This edition of Private Equity Comment covers Brexit and the outlook for UK funds; the consultation on the UK as a jurisdiction for intermediate holding companies; the market’s viewpoint on COVID-19; the Chancellor’s cuts to...more
3/25/2020
/ Cayman Islands ,
Coronavirus/COVID-19 ,
Entrepreneurs ,
EU ,
Fund Managers ,
Holding Companies ,
Investors ,
Private Equity ,
Private Equity Firms ,
Private Equity Funds ,
UK ,
UK Brexit
The global impact of the novel coronavirus (COVID-19) is leading to unprecedented changes in working practices. In particular, travel restrictions and, in many cases, border closures are already causing, and will continue to...more