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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Lehman

Litigation heavyweights act on Lehman Brothers administration costs battle

Freshfields Bruckhaus Deringer, Linklaters, Cleary Gottlieb Steen & Hamilton and Kirkland & Ellis are among the firms to have advised on a legal costs dispute between creditors of the Lehman Brothers International collapse. The full line-up of law firms includes Ropes & Gray, Morrison & Foerster and Michelmores. Lehman Brothers creditor Wentworth Sons argued that […]

London

Weil Gotshal partner exits firm for new fund venture

Weil Gotshal & Manges private equity partner Samantha McGonigle is the latest to leave the firm, with plans to set up a growth fund with a client. McGonigle leaves after nearly 13 years at Weil Gotshal, having worked her way up from associate to partner. Before Weil Gotshal, she was an assistant at legacy Lovells […]

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