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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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Heathrow

Seven firms win places on Heathrow’s legal panel

Freshfields Bruckhaus Deringer and Eversheds Sutherland are among the firms to have won places on Heathrow Airport’s slimmed-down roster. The company’s general counsel Carol Hui, who featured in The Lawyer Hot 100 in 2014, has appointed seven firms to the panel. The last review saw the appointment of 11 firms, with Blake Morgan, Brodies, DLA Piper and […]

Heathrow

Heathrow to unveil new panel as battle looms over third runway

A host of firms are awaiting Heathrow Airport’s decision on its panel firms, with the construction of its controversial £14bn third runway set to reel in rich pickings for the chosen providers. Heathrow is currently in the early stages of a review of its core legal panel, which will cover general commercial work relating to contracts, […]

Heathrow has a back-up plan to extend an existing runway if the new one is not approved

City firms gear up to defend Heathrow from new runway challenge

DAC Beachcroft looks set to launch a challenge against the Department for Transport (DfT) after submitting a 21-page document highlighting “serious errors” in the DfT’s plans to build a third runway at Heathrow airport. DAC partner and head of planning Christopher Stanwell is representing Heathrow Hub, which proposes an extension to the existing Northern runway […]

drinking

Jones Day and Travers lead in restaurant IPO

Jones Day and Travers Smith have advised on the £185m IPO of casual dining group Loungers. Loungers, which operates 146 café-bar sites across England and Wales under brands Lounge and Cosy Club, has been advised by co-lead of Jones Day’s banking, finance and securities practice Giles Elliott and capital markets partner Vica Irani. Having revealed […]

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