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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FTSE 100

Rosenblatt launches bid to become fourth law firm to go public

Litigation outfit Rosenblatt Solicitors looks set to follow in the footsteps of Gateley, Keystone and Gordon Dadds, announcing plans today to list on the London Stock Exchange. The firm, which has long signalled its intention to go public, has not yet offered any clues as to the funds it expects to raise through the listing […]

Gordon Dadds posts 14.5% revenue hike in first post-IPO results

Gordon Dadds has posted its first set of results since its London Stock Market flotation this August, with its half-year financials to 30 September showing a 14.5 per cent rise in revenue to £12.89m. Profit forecasts for Gordon Dadds Group have been revised upwards following strong trading and the £4m acquisition of three-partner tax consultant CW Energy last month. The firm also acquired South London law firm Alen-Buckley in June.

James Knight, Keystone Law

Keystone turnover jumps 24 per cent in first post-IPO results

Keystone Law has revealed its first set of financial results since its IPO, posting a 24 per cent uplift in revenue to £31.6m for the 2017 financial year. The increase from £25.6m marks yet another year of double-digit growth for the firm, which has seen its turnover nearly triple since 2012/13 when it reported gains […]

LSE

DWF poised to go public with £1bn IPO after international expansion

DWF is understood to be planning a £1bn public listing on the London Stock Exchange following a year of international expansion, in a move that would make it the sixth UK firm to IPO. Should the DWF IPO go ahead, it would be the largest public offering from any UK firm so far. DWF was rumoured […]

Time to rethink media coverage rules in employment tribunal cases

The press pack outside the London Central Employment Tribunal is a sure sign that somebody’s reputation is going to be irretrievably sullied by the afternoon’s media coverage. The waiting press pack outside the London Central Employment Tribunal is a sure indication that, within a matter of a few hours, somebody’s reputation is going to be […]

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