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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RBS

RBS seeks new partners as it launches 2021 panel review

The Royal Bank of Scotland (RBS) has kicked off its nearly year-long panel review process, as it looks to renew its roster of legal advisers. The Lawyer understands that the bank is in the early stages of drawing up its request for proposal (RFP) documents that it will send out to firms soon. Last year, […]

drugs

Novartis to dock new panel firms’ fees if they miss diversity commitments

Allen & Overy, Simpson Thacher & Bartlett and White & Case are among the firms that have lost their spots on the panel of Swiss pharmaceutical powerhouse Novartis, which has formally concluded its review. Other firms were dropped from the chunky line-up, which includes no fewer than 22 firms. Others that will no longer be […]

revolut

Revolut to reveal inaugural panel as part of 2020 in-house strategy

Revolut has started a process to form its first official panel of legal advisers, as the company also launches a hunt for a global legal chief to drive expansion efforts. It marks the first panel review for the fintech company, which has so far been using preferred advisers that were not bound by specific arrangements. […]

water

Severn Trent reveals new-look panel of five firms

Five firms have won places on Severn Trent’s new panel, with the appointments reflecting a change in tack from the FTSE 100 water company which has run a sole provider model since 2007. DWF, Eversheds Sutherland and Burges Salmon form the new panel to provide legal services to the FTSE 100 water company and its […]

Engie to embark on first panel review since rebranding

French utility company Engie is set to start a new review of its panel of legal advisers this year, The Lawyer understands. This marks the company’s second review since 2014, and the first one to happen since it rebranded itself from GDF Suez to Engie the following year. It is understood that once again the […]

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