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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Goodwin raids pave way for California expansion

Boston-based Goodwin Procter has launched an assault on California, opening in Los Angeles (LA) and San Francisco on the back of raids on Pillsbury Winthrop Shaw Pittman and Cooley Godward. The LA office will be chaired by Lewis Feldman, the former head of the LA real estate and national public finance team at Pillsbury. Feldman […]

Arendt and Elvinger enjoy funds upswing

Arendt & Medernach and Elvinger Hoss & Prussen were the main beneficiaries of the double-digit growth in the Luxembourg funds market. Arendt & Medernach and Elvinger Hoss & Prussen were the main beneficiaries of the double-digit growth in the Luxembourg funds market. Both firms advised on a record number of funds, taking the top two […]

Expansion costs to top £326m as City firms boost headcounts

City law firms could face a collective refurbishment bill estimated at £240m if expansion plans to take on an additional two million sq ft of office space over the next three years come to fruition. The office refurbishment and fit-out costs estimated at £240m leap further to £326m if rental costs are also taken into […]

Irwin Mitchell slams Govt over vCJD compensation scheme

The Irwin Mitchell partner advising 150 families affected by the human form of mad cow disease has hit out at the Department of Health’s (DoH) handling of the compensation scheme set up to support his clients. David Body told The Lawyer: “The trust deed has been drafted in a particularly elliptical and unhelpful way. I […]

Carrefour fined in China piracy case

In the first high-profile piracy dispute between two Western companies in China, a Shanghai court has fined French retailer Carrefour £25,000 for selling fake Louis Vuitton handbags. At fault was Carrefour’s supplier policy, which the company’s central management had delegated to individual branch supervisors. The judge blasted the procedure, criticising it for being so lax […]

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