News analysis: Merlin Refinancing - Magic lessons

Richard Webster

Merlin Claims Services recently breached its banking covenants, triggering it to seek a refinancing deal. Jonathan Swift talks to CEO Richard Webster about the perils of boom-time private equity backed deals.

The issues that have recently befallen Merlin Claims Services, in terms of breaching its banking covenants, could be seen as a cautionary tale for those firms that sold to private equity investors at

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60 Seconds With... Foil’s Pete Allchorne

Pete Allchorne, partner at DAC Beachcroft and president of the Forum of Insurance Lawyers, would like to be “Doctorin’ the Tardis”, finds ironing therapeutic, and can be found dancing to “Uptown Funk” by Mark Ronson and Bruno Mars.

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