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.

Recommended

Leaitherland steps down as DWF’s CEO in leadership shake-up

DWF’s longtime leader Andrew Leaitherland is passing on the baton as the firm’s CEO,  after leading for more than two decades and taking it from a national entity to a listed business. As part of the change, Leaitherland will also renounce his role as managing the firm’s two LLPs contained within the DWF brand. The […]

Webinar: The role of lawyers in product development – putting the human back into it

This free to attend webinar is part of the In-house Financial Services virtual event that took place between 30 June – 2nd July, and available to watch now. The session looks at how legal teams can change their nature and get more involved in product development and innovative projects, while also being able to demonstrate that return on resource investment. Can lawyers add value in the development stage rather than when the problems emerge? The panel shares practical ways in which legal teams can exert themselves into the process as early as possible to ensure a focus on the right issues at the right stages. It seems that whatever the structure of the product development team, if you involve legal at the beginning, it will save you from more work at the end and can aid in build trusting relationships in the process. Complete the form below to access the 40-minute webinar and hear the speakers discuss: What is the role of legal in product development? What stage in the process should we get involved to deliver better value? Should we change our approach to technology to increase value from our people and processes? Are there any practical examples of teams currently working on this? Taking a closer look at how to demonstrate the return on your investment: can we leverage the technology we already have? Have we seen a wider adoption of existing technology to facilitate business continuity? Speakers: Leah Moon, Legal Director, Seedrs Saman Harris, Senior Legal Counsel, Checkout.com Simon Ferres, Chief Information Officer Legal, Deutsche Bank Martin Halford, Managing Director, Head of Legal: Ventures and Platforms, Barclays Moderator: Robin Penfold, Partner- Financial Services Regulation, TLT

Nicholas Plant

The Virus Diaries: Covid-19 wasn’t the only obstacle in Dentons’ cigar deal

Nicholas Plant, Dentons Last month saw the sale of Imperial Brands’ premium cigar business, including a number of its most famous Cuban cigars, to two entities backed by private equity investors. Asides from the inevitable challenges brought about by Covid-19, a series of hoops needed to be jumped through to get the deal over the […]

London city

Kirkland restructuring partner moves to Ropes

In a rare loss for one of the busiest restructuring teams in the City, Ropes & Gray has picked up a Kirkland & Ellis London partner to revive its restructuring offering. Matthew Czyzyk will join the US firm after two years and a half at Kirkland. Before joining the firm at the Gherkin, Czyzyk had […]

Bird & Bird

Bird & Bird halts pay reviews and splits bonuses

Bird & Bird has put salary reviews on hold, in the latest set of measures to contain the effects of coronavirus on its business flow. While reviews have been halted, the firm will reconsider them later in the year. In addition, management has decided to split its bonuses in half, awarding a first installment in […]

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