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

An Appeal Court ruling clarifies exposure to risk when dealing with letters of credit transactions, writes Roger Masefield. Roger Masefield is a tenant of Brick Court Chambers.

The decision of the Court of Appeal in Banco Santander v Banque Paribas is important for those involved in letter of credit transactions. The case concerned the shipment of oil from Kazakhstan CIF Porvoo, Finland. The sale was to be by an English firm, Bayfern, to Napa Petroleum – at an agreed price of about […]

BBC loses head of IP after shake-up announcement

A BBC management shake-up has led to the departure of the broadcaster’s head of the intellectual property and litigation department. Fred Croft, who was also responsible for commercial, programme and regulatory legal matters, says that the recently announced internal reorganisation at London’s Television Centre acted as a catalyst in his decision to leave the BBC […]

Richard Gerstein

Finers Stephens Innocent managing partner Richard Gerstein has given up the helm to go back to fee earning. Clair Smith talks to the litigation lawyer who will not miss the burden of management Being a managing partner does not always come with all the perks that people might expect. “I always thought that managing partners […]

Bernstein bags rival's managing partner

Alan Schulman, the head of Milberg Weiss Bershad Hynes & Lerach’s three West Coast offices for the past five years, has defected to Bernstein Litowitz and set up shop in San Diego. A member of Milberg Weiss’s executive committee for the last ten years, Schulman says Bernstein’s success in gaining institutional investors as clients was […]

McGrigors expands employment group

McGrigor Donald has poached Wright Johnston & MacKenzie’s Stuart Neilson to become a partner in the firm’s expanding employment unit. Neilson, who is now based in McGrigor Donald’s Glasgow office, specialises in all aspects of employment law. He has over 10 years experience in employment law, advising on dismissals, TUPE, reorganisation, change management and discrimination. […]

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