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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Phil Sanderson

Ropes’ private equity co-chair to leave the firm

Ropes & Gray private equity partner Phil Sanderson is to step down from the firm after more than five years. Phil Sanderson, who joined the US firm from Travers Smith in 2015, is officially retiring from the partnership tomorrow. He has been one of the three co-heads of the firm’s private equity practice since 2018.  […]

Solicitors Regulation Authority

Cleary caught up in investigation over former employee

A former employee of Cleary Gottlieb Steen & Hamilton’s London office has been banned from working in the legal sector by the Solicitors Regulation Authority after he was found to have been involved in a fraudulent scheme with three of the firm’s suppliers. Paul Fitzsimmons was the firm’s facilities and services manager until 5 August […]

deutsche bank

Deutsche Bank seeks new GC after departure of ex-Linklaters partner

The general counsel of Deutsche Bank has decided to step down from his role, six years after leaving the magic circle for a job in-house. Florian Drinhausen will leave the company at the end of May “by mutual agreement”. The former Linklaters partner has been Deutsche Bank’s head of legal since 2018, while he was […]

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