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 follows Freshfields to £100,000 NQ salary

Clifford Chance has raised its salary for newly-qualified solicitors from £91,000 to £100,000, following the lead of Freshfields Bruckhaus Deringer last month. Unlike Freshfields, however, the £100,000 paid by Clifford Chance is its total compensation package, including bonuses, rather than base salary. The Lawyer understands that trainee salaries are also set to increase slightly when […]

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DWF’s post-IPO ambitions dealt a blow as senior Freshfields hire exits

The chief executive officer of DWF‘s managed services business is to leave the firm after just nine months, after moving to the newly-listed firm from Freshfields Bruckhaus Deringer’s Manchester office. Anup Kollanethu joined the firm last August from Freshfields, where he led the Manchester office for nearly three-and-a-half years. As part of his move to […]

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Freshfields muscles in on Macquarie’s telecoms bid

Freshfields Bruckhaus Deringer has emerged as the second magic circle firm advising on the tussle for UK telecoms group KCom, following a competing bid made by Macquarie European Infrastructure. An announcement this morning revealed that a fund managed by Macquarie has been recommended to acquire KCom, just over a month after the Universities Superannuation Scheme […]

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Macfarlanes grabs mandate in latest Sports Direct deal

Macfarlanes is advising entertainment retailer GAME Digital after Sports Direct made an offer to acquire the remaining shares in the business that it does not already own. The move followed an announcement by Sports Direct that it was to up its stake in GAME to nearly 40 per cent, prompting it to make a mandatory cash […]

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