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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Insurance

What do you do when the company you have quite happily been providing legal services to for years suddenly disappears down the u-bend into liquidation? It is something the three panel firms of Independent Insurance have been forced to contemplate since the insurer fell into the hands of provisional liquidator PricewaterhouseCoopers (PwC).Independent’s dramatic collapse in […]

Herbert Smith in Asia management rejig

Herbert Smith has restructured its management team, relocating executive partner Tim Parkes to Hong Kong to become the firm’s new head of the Asia region. Head of real estate Iain Rothnie will take over Parkes’ former role. The changes take effect next January.Rothnie said: “I’m delighted the partnership has confidence in me to continue the […]

Wilmer Cutler rejig sees Euro partners in the mix

European partners of Washington DC firm Wilmer Cutler & Pickering are lining up for a new role on the firm’s international management committee. The firm is restructuring its management to include a European partner and a policy committee for the first time.The 450-lawyer firm is growing its management committee from six members to seven and […]

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