Latest Briefings

Food & Drink Update – September 2020

Guidance on the latest food and drink rules, including post-furlough planning and workforce measures manufacturers, Brexit and the workforce – how to prepare for upcoming changes, protecting innovation in the food & drink industry, and more.

Coronavirus business interruption test case – judgment in the “insurance case of the century”

Flaux LJ and Butcher J today handed down judgment in the test case brought by the FCA to explore whether hundreds of thousands of businesses can recover under their business interruption policies for losses caused by the pandemic, in the “insurance case of the century” – the only claim heard under the Financial List Test Case Scheme. Many of those businesses will, today, be celebrating a fantastic win for them.

Cayman Islands Update: Economic substance guidance notes V3 issued

On 13 July 2020, the Cayman Islands Department for International Tax Cooperation (the “DITC”) issued version 3.0 of the Guidance on Economic Substance for Geographically Mobile Activities (the “Guidance”) pursuant to the ES Law (as defined below). This replaces the previous version 2.0 of the Guidance issued on 30 April 2019.

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DWF Manchester

DWF kicks off fourth restructuring exercise in as many months

DWF has started yet another redundancy round, with the intended cuts this time affecting the firm’s secretarial workforce. Just days after it wrapped a consultation around business services that resulted in the loss of about 10 roles, the listed firm is now looking to cut positions across its secretarial and administrative base. A spokesperson for the […]

Slaughter and May

Double win for Slaughters as firm nabs new Government mandates

Slaughter and May has won two lucrative UK Government contracts for mandates to help the rail, and TV and film industry, worth a combined £3.7m. The firm has won the two separate contracts in a matter of months. The first one will see Slaughters advise the Department of Transport on an international rail project, the […]

Financial Conduct Authority

Court sides with HSF and Mishcon in landmark insurance test case

The High Court has ruled in favour of the Financial Conduct Authority, arguing on behalf of a group of policyholders, in a dispute over whether coronavirus-induced shutdowns should be covered by insurance policies. The FCA, instructing Herbert Smith Freehills, brought a series of test cases on an expedited basis to resolve uncertainty as to whether […]

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