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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Ashurst

Ashurst’s former managing partner exits firm

Ashurst’s former managing partner James Collis has left the firm after over a decade as a partner in its banking practice, The Lawyer can reveal. Collis was managing partner of Ashurst for four years from 2012 to 2016, before being replaced by Australian-based Paul Jenkins and returning to his work in the finance practice. Collis was […]

London skyline

Kirkland alumni club: Willkie secures double-partner hire in London

Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]

Picture of Tallinn, Estonia, in CEE to illustrate infrastructure

HSF and Linklaters suffer blow in Estonia arbitration claim

Linklaters and Herbert Smith Freehills have failed to defeat the Republic of Estonia in an arbitration case heard in the International Centre for Settlement of Investment Disputes (ICSID). The two firms were acting for utility provider AS Tallinna Vesi and its Dutch shareholder United Utilities, whose claim dates back to 2014. They commenced proceedings against […]

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