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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London

Ince cuts 32 roles in London in latest redundancy consultation

Ince & Co‘s redundancy consultation has resulted in the departure of 32 people and a search to sub-let 22 per cent of the firm’s floor space in its London headquarters. Of those 32, 25 business services staff have now left the firm along with a further seven fee-earners, including one junior salaried partner. There are […]

Ashurst

Ashurst back on form with double-digit PEP growth

Two years after reporting a 10 per cent slump in its average profit per equity partner (PEP), Ashurst is back on track, reporting double-digit PEP growth to £743,000 in 2017/18. The news marks a turnaround in the firm’s financial fortunes, as it is an 11 per cent uplift in PEP from £672,000 last year, and […]

Tidswell Ben Ashurst

Ashurst partners vote for status quo in chairman election

Ashurst chairman Ben Tidswell will continue in his role for a further four years after claiming victory in the firm’s leadership elections. Litigator Tidswell became Ashurst’s first post-merger chairman in 2013 after the firm announced its merger with Australian outfit Blake Dawson. He will continue in the position for a second term of four years from November 2018, […]

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