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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Legal quartet raise £25,000 in bid to support disenfranchised minorities

Four lawyers have teamed up to form a charity to tackle racial injustice in the UK, with Clifford Chance providing financial support to the initiative. The magic circle firm is providing advice to One Case At A Time (OCAAT), set up by 5 St Andrews Hill’s Alexandra Wilson, Freeths trainee solicitor Isaac Eloi, Akin Gump Strauss […]

Fladgate finalises redundancy consultation with 19 roles cut

Fladgate has made 19 roles redundant as part of wider measures to weather the economic disruption of the Covid-19 crisis. Following a consultation that began earlier in the summer, the firm confirmed that 19 employees across the business have been made redundant. In March partners took a cut to their drawings graded according to the […]

met police

Ex-Cooley lawyer facing fraud charges after Met probe

A former Cooley lawyer, who was based in the firm’s UK office, has been charged with a series of fraud offences, including three counts of fraud by abuse of position. Joshua Brien, who joined Cooley as a special counsel back in 2017 but has since left the firm, appeared at Westminster Magistrates Court on Tuesday […]

Osborne Clarke growth stalls after seven years of double-digit expansion

Osborne Clarke’s UK average profit per equity partner dropped 12 per cent over 2019/20, as turnover crept up by 5 per cent. The results are markedly different to the last seven results posted since 2012/13, in which the firm has recorded double-digit percentage growth in turnover each year. Over 2018/19, turnover increased by 11 per […]

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