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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WeWork calls on trio of US firms for Softbank rescue

Weil Gotshal & Manges and Morrison & Foerster are some of the firms that have been roped in to advise on SoftBank’s $9.5bn rescue of WeWork. Weil is the latest firm to join the WeWork and SoftBank story, advising the Japanese conglomerate that is leading the rescue of the co-working space company, following the collapse […]

Eleven firms secure places on WeWork’s inaugural EMEA panel

Firms including Addleshaw Goddard, CMS and Hogan Lovells are among those to have won spots on WeWork’s first panel for the EMEA region. The firms are Addleshaw Goddard, BCLP, Bird & Bird, CMS, DLA Piper, Eversheds Sutherland, Freshfields Bruckhaus Deringer, Hogan Lovells, McCann Fitzgerald, Shoosmiths and Simmons and Simmons The workspace giant kicked off its […]

WeWork to carry out inaugural panel review in Europe

WeWork is to launch its first formal panel review across Europe this year, after the arrival of its new general counsel Sarah Nelson Smith at the end of 2018. The workspace giant hired Nelson Smith from KFC over the summer, who is gearing up to review the company’s current legal arrangements in the first half […]

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