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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Freshfields’ former restructuring head joins Arcadia board

With Arcadia closing in on a turnaround plan for the business, the High Street giant has appointed a former head of insolvency at Freshfields Bruckhaus Deringer to support it on its next steps. Peter Bloxham joins Arcadia and parent company Taveta Investments as an interim non-executive director in the midst of Philip Green’s major overhaul […]

Debenhams

New firms brought in on Debenhams administration

Linklaters and Baker McKenzie have been brought in for the latest episode of the Debenhams restructuring saga, alongside a raft of longstanding magic circle and US advisers. The afflicted department store has entered into a pre-pack administration, after rejecting a £200m offer from Mike Ashley-owned Sports Direct. This was a last-ditch attempt by Ashley, whose […]

House of Fraser

BCLP enters fray as House of Fraser deal faces opposition

Bryan Cave Leighton Paisner (BCLP) has joined the suite of firms advising on House of Fraser’s rescue bid, as the retailer closes in on launching a company voluntary agreement (CVA). BCLP is understood to be advising a group of landlords who are gearing up to oppose the proposed CVA. House of Fraser last week confirmed it […]

Rebecca Burford

Charles Russell Speechlys makes up City trio in annual promotions

Charles Russell Speechlys has made up nine lawyers to partner in its latest promotions round, three of whom are women. The nine new partners are Rebecca Burford, Renaud Ferry, Andrew Keeley, Gareth Mills, William Rollin, Sarah Rowley, Tristram van Lawick, Sarah Wigington and James Worthington. The new partners are spread across practices that include corporate, […]

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