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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Sports Direct and the Financial Reporting Council (FRC) are both seeking permission to appeal to the Supreme Court after judgment was handed down in a dispute over privilege. This case, which featured on The Lawyer’s Top 15 appeals for 2020, was the latest regulatory challenge on privilege and the first-ever proceedings brought by the FRC […]

White & Case

White & Case reveals uncharacteristic dip in London turnover

White & Case’s London revenue decreased by four per cent last year, while globally the firm recorded a rise in its financials to hit $2.2bn. Revenues at the firm’s UK outpost were $337m in 2019, a 3.7 decrease from the 2018 figure of $350m. Globally though turnover rose by 6.6 per cent to $2.2bn. Its […]

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Hogan Lovells on hunt for greenest City office as it steps up HQ search

Hogan Lovells is scanning the City to look for the “most sustainable building” in London, as it formalises aspects of its search for a new headquarters. With the lease ending in 2026, late last year the firm assembled a team of advisers that includes sustainability specialists tasked with ensuring the firm’s objectives are pursued during […]

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Host of international firms act on Alstom’s €7.5bn rail purchase

Five international law firms have acted on the €7.5bn sale of Bombardier’s rail business to French company Alstom, one of the biggest European deals of the year so far. Cleary Gottlieb Steen & Hamilton was the lead legal adviser to Alstom on the acquisition with a cross-Atlantic team, while Norton Rose Fulbright counseled the seller […]

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