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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Richard Foley

Pinsent Masons furloughs staff amid coronavirus shutdown

Pinsent Masons is placing some of its non-fee-earners on furlough in response to the coronavirus pandemic, while it also considers a change to its quarterly cycle of partner payouts. These are just two of the latest measures put in place by the firm. Senior figures are now undertaking a programme of scenario planning to consider what […]

Mayhew and Baumer

BCLP announces temporary salary cuts for staff

Bryan Cave Leighton Paisner (BCLP) is to make pay cuts over the coming months, as it faces the financial consequences stemming out of the Covid-19 crisis. The firm will defer the payment of certain portions of planned partner distributions and is making a 15 per cent salary reduction for its staff across the international network […]

buying online

Hogan Lovells adds 170 more laptops to cover remote working shortages

Hogan Lovells purchased hundreds of laptops globally, as it emerged not enough equipment would be available when the firm carried out a remote working test last month. The hastened procurement effort was sparked by the realisation, during a firmwide remote working test, that a number of staff members in business services and secretarial functions were […]

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