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.


High Court

Freshfields claims victory over Squires in landmark cartel case

Freshfields Bruckhaus Deringer has won a landmark cartel claim for industrial client ABB, defending it from the first follow-on damages claim to reach the High Court. Cable operator BritNed was suing for damages worth $180m for ABB’s role in a cable pricing cartel, though Mr Justice Marcus Smith found that ABB did not deliberately overcharge the […]


Freshfields takes charge for Mars on Lavazza coffee deal

Freshfields Bruckhaus Deringer has won its third significant M&A mandate from Mars in the last few months, advising the manufacturing giant  on the sale of its coffee division to Italian company Lavazza. Over the summer, the magic circle firm represented the company’s petcare division in two linked transactions that saw it acquire European business AniCura […]

moves, lateral hires and exits

Fried Frank finally gets its man from Freshfields

Fried Frank Harris Shriver & Jacobson has finally sealed the hire of Freshfields Bruckhaus Deringer’s Ashar Qureshi, also handing a leadership role to the M&A partner. Qureshi will be joining the US firm’s City office as head of its EMEA transactions practice, specialising in equity and debt securities work as well as sovereign-related transactions. He joined the […]

TLT appoints new head of financial services

Partner and London office head Andrew Lyon has been appointed head of financial services at TLT. Andrew has been at the firm for 11 years and leads the financial services disputes and investigations team in London. He specialises in complex financial services disputes including professional negligence and fraud claims, business and corporate recovery, product mis-selling […]

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