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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Ray Berg Simon Beswick

Osborne Clarke dishes out bonuses after double-digit turnover growth

Osborne Clarke has achieved yet another year of double-digit growth, rewarding its staff with a five per cent bonus, The Lawyer understands. The firm has revealed that its turnover increased 14 per cent over 2017/18 from €245.1m to €273m. In the UK alone, revenue jumped by 15 per cent from £121m to £139.3m. Average profit […]

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Final bill shows lawyers will take £20m in fees from Carillion collapse

Law firms advising on the breakdown of Carillion are in line to pick up £20m in fees, new findings by the National Audit Office reveal. The same report shows that accountants are set to receive £50m in fees, and the total cost to the Cabinet Office of £148m. The costs of the Government’s contingency plans in […]

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Paul Hastings ramps up City recruitment with Bakers hire

Building on its sustained London hiring spree in recent weeks, Paul Hastings has brought in Baker McKenzie head of financial services Arun Srivastava to lead the firm’s regulatory, fintech and payments practice in the City. Srivastava began his career as a trainee at Herbert Smith Freehills in 1990 before moving to Bakers in December 1995. […]

Richard Millett QC, Essex Court Chambers

The Hot 100 career quiz: Richard Millett QC

Name: Richard Millett QC Chambers: Essex Court Chambers Position: Barrister  In Hot 100 for: Acting as leading counsel in the independent inquiry into the fire at Grenfell Tower. Read his full Hot 100 profile. What’s your most vivid memory from being a pupil? Putting my pupilmaster’s leader’s cross-examination notes into a ring binder backwards, so that […]

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