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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Michael Bates Clifford Chance

Michael Bates, Clifford Chance

Michael Bates has already come to wide notice as a banking dealmaker and latterly managing partner of Clifford Chance’s London office. However, his inclusion in the Hot 100 recognises his imaginative leadership of two important projects for the global firm: the acquisition of Carillion’s legal operations hub in Newcastle, and the agenda-setting approach to gender […]

Nuclear power station

Clifford Chance among firms advising on halted nuclear project

Japanese firm Hitachi has suspended its £20bn nuclear power plant project in Anglesey, a construction deal that had been overseen by magic circle firm Clifford Chance and Burges Salmon. A Clifford Chance team led by partner Nigel Howorth, who works on areas including planning, energy and environment, was involved as an advisor to Horizon Nuclear […]

Luxembourg

Clifford Chance expands in Luxembourg with second hire in a month

Clifford Chance has ramped up recruitment efforts in Luxembourg with a second partner hire so far this year, taking on magic circle rival Linklaters’ funds partner Emmanuel-Frédéric Henrion this time. Henrion joins Clifford Chance as a partner in the investment funds practice in Luxembourg. This is the firm’s second lateral partner hire in the European […]

Revealed: The firms cashing in on the failed Garden Bridge project

Seven City law firms raked in over £3.5m in fees from the ill-fated Garden Bridge project, including Bircham Dyson Bell and Macfarlanes. According to the full breakdown in fees, the Garden Bridge project cost a total of £53.5m with legal accounting for 6 per cent of the total money spent by authorities including Transport for […]

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