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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Clifford Chance scoops up more UK Government work with new £3m mandate

Clifford Chance has taken on its second Brexit-related mandate for the UK Government in a matter of months, this time striking a contract with a maximum value of £3m. The magic circle firm has won advisory work for the Department for International Trade, as the institutional body seeks to develop a new trade and investment […]

London skyline

Kirkland alumni club: Willkie secures double-partner hire in London

Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]

Sainsbury's

HSF and DACB in and Addleshaws out: Sainsbury’s cuts panel roster by a third

Supermarket giant Sainsbury’s has handed panel places to eight firms, including longstanding advisers Linklaters and a new spot for DAC Beachcroft. Places on the panel last for three years, with Linklaters the only magic circle firm to secure a spot. CMS and Dentons have also been reappointed, while Herbert Smith Freehills is another big City […]

paris

Reed Smith adds Paris partner to executive committee

Reed Smith has seen a changing of the guard within its internal executive committee, as longstanding member Andrew Jenkinson steps down. Jenkinson is leaving the managerial body after the end of his three-year term. However, he will keep on his role as managing partner of the London office. On the committee, he will be succeeded […]

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