In court this week: Engines, securities and pharma with Bird & Bird, Latham and Mishcon

A dispute between two airline companies – Cathay Pacific and Lufthansa – takes centre stage this week in a dispute over jet engine contracts.

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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Mishcon loses disputes duo to Greenberg

Two partners are set to leave Mishcon de Reya for Greenberg Traurig, in a rare loss for the City firm. Partners Masoud Zabeti and Mohammed Khamisa QC have been hired by the London office of Greenberg. Zabeti has been a longtime partner at the UK firm, having led its finance and banking litigation practice for more […]

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US firms in London get lead roles on Blackstone’s student housing purchase

Kirkland & Ellis, Jones Day, Simpson Thacher & Bartlett and Gowling WLG have all picked up roles on Blackstone’s acquisition of iQ Student Accommodation for $4.7bn. The deal, which is said to be the UK’s largest-ever private real estate transaction, had been in play since late last year when Blackstone is understood to have first […]

Simpson Thacher invests in further City space after record financials

Simpson Thacher & Bartlett is to extend and refurbish its London office space, following a record 2019 in revenues in the City. The US firm has taken on an extra floor in its CityPoint home and has started its refurbishment of all of its space, which will include the redoing of offices and a new […]

Slaughters and Pinsents on call as property giants plot merger

Slaughter and May and Pinsent Masons are acting on a proposed £500m merger between Countrywide and LSL, which would create the UK’s biggest property group. Corporate partner Richard Smith is leading the Slaughters team acting for Countrywide, alongside associate Harry Hecht. Smith is the firm’s client relationship partner for Countrywide, and has acted for the […]

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