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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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CMS’s litigation blockage

The decision by Quinn Emanuel Urquhart & Sullivan to move into Olswang’s former City offices in 2017 could prove symbolically important for its hiring strategy if CMS Cameron McKenna Nabarro Olswang fails to unblock its disputes promotions pipeline soon. In the three years since CMS came together with Olswang and Nabarro, just eight of the […]

Luxembourg

CMS reorganises in Luxembourg with Dentons team hire

CMS has replenished its ranks in Luxembourg with a team hire from Dentons, including the latter’s former office managing partner. Frédéric Feyten was Dentons’ managing partner in Luxembourg and is joined by of counsel Jean-Dominique Morelli in CMS’s tax department. Morelli joins CMS as a partner. Dentons corporate partners Gérard Maitrejean and Pawel Hermeliński have […]

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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