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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Reed Smith builds in competition with Ashurst recruit

Reed Smith is boosting its London corporate practice with a partner hire from Ashurst, its first City lateral in several months. The US firm has taken on partner Ross Mackenzie, until now a longtime antitrust partner at the UK rival. The competition law specialist has been at Ashurst for 20 years. Since the early 2000s, […]

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DLA’s former finance and projects head moves over to EY

EY’s legal arm has brought in a senior DLA Piper partner, marking its first major lateral of this year. Partner Charles Morrison has been at DLA Piper for over fourteen years, having joined in 2005. A project finance specialist, he focuses on the oil and gas sector and advises governments, industry giants and financial institutions. […]

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DAC Beachcroft wraps redundancy consultation in UK real estate

DAC Beachcroft has confirmed a number of redundancies across its London and Leeds real estate teams, four months after launching a consultation process for the group. Back in January, The Lawyer understood that up to 10 roles were at risk, with the firm announcing today that it has made eight roles redundant; four in Leeds and […]

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Clifford Chance extends associate career break initiative to US

Clifford Chance is looking to expand a scheme that offers two months of unpaid leave to associates, after a trial run was completed in the 2019/20 financial year. The scheme, named Clifford Chance Choice, was launched in March 2019 as a catalyst for new initiatives and projects aimed at adapting traditional work structures to accomodate […]

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