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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hong kong

Osborne Clarke to exit Hong Kong with office closure

Osborne Clarke has become the latest international firm to withdraw from Hong Kong after five years operating in the Asia financial hub. Osborne Clarke’s Hong Kong office will be shut at the end of June. It currently has two partners, two associates, a trainee and three support staff. The firm said all members of the […]

clyde & co clydes

Clyde & Co promotes 13 to equity – with over half based in UK

Clyde & Co has promoted 13 lawyers to its equity partnership, with seven making the grade in the UK. Across the firm’s global sector and practice groups, insurance sees the largest intake of new partners, with six additions – while aviation, employment, marine, projects and construction, commercial litigation, insolvency and international arbitration teams all growing […]

DWF Manchester

DWF secures further £15m credit from lenders

DWF has managed to increase its existing revolving credit facilities, securing a further £15m to weather the worst of the Covid-19 crisis. The new funding solution is part of an agreement with lenders struck almost a month after the listed firm braced its investors on the impact of the coronavirus on its business, highlighting that […]

Baker McKenzie

Bakers back in SDT as former HR director faces questioning

Following a five-month break, the Solicitors Regulation Authority (SRA) today continued to pursue its case against Baker McKenzie and three former members of the firm. At the end of 2019, Bakers former London managing partner Gary Senior, now-Linklaters partner Tom Cassels and the firm’s former HR director Martin Blackburn faced the Solicitors Disciplinary Tribunal (SDT) […]

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