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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allen & overy

A&O promotes over a third of new partners in London

Allen & Overy has made up 29 partners in its latest round of promotions, including 10 in London. The promotions represent 13 offices across the firm’s global network, with the City taking over a third of the spots. It is a slight drop from last year when 14 were promoted in London and 34 globally. […]

Bowden Philip index

A&O rejigs corporate and banking leadership

Allen & Overy (A&O) has announced two new banking and corporate heads, coming swiftly after the firm’s leadership election results. Philip Bowden has been reappointed as global co-head of banking, with Hong Kong-based Vicki Liu stepping into the role of co-head alongside him. She succeeds Amsterdam-based Andrew Thomas, who was in the position for four […]

allen & overy

Dejonghe squeaks victory in A&O senior partner battle

Wim Dejonghe has claimed victory in Allen & Overy’s senior partner elections for the second year in a row, after beating off competition from the firm’s co-head of banking, Philip Bowden. After two stints as A&O’s managing partner in 2008 and 2012, Dejonghe was able to continue in a leadership role when he won the […]

Exit sign

A&O banking veteran to join Mayer Brown

Mayer Brown is set to add one of Allen & Overy’s global department heads, as the firm continues its London expansion with the hire of Trevor Borthwick. Trevor Borthwick, who has been at the magic circle firm since 1997 and was A&O’s head of global corporate lending, is set to make the move to Mayer […]

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