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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Cobbetts in Leeds office relocation

Just weeks after moving into new Birmingham premises, fast-expanding firm Cobbetts has announced an office relocation in Leeds. It will take up three floors of purpose-built accommodation on the banks of the River Aire from summer 2006. New space is urgently needed for Cobbetts, which has undergone four mergers, including two in Leeds, in the […]

Arnold & Porter acts for BAE on DigitalNet acquisition

Washington DC firm Arnold & Porter has strengthened its relationship with BAE Systems after the firm scooped its first corporate instruction for the UK defence giant. Arnold & Porter, which has historically advised BAE on Ministry of Defence and IP matters, was brought in to handle the due diligence relating to the company’s acquisition of […]

Ashurst lands Terra Firma after Linklaters conflicted

Ashurst has secured its first instruction from Terra Firma thanks to a conflict at Linklaters, advising the private equity house on the separate auctions of the UCI and Odeon cinema chains. Linklaters advised on the establishment of the Terra Firma fund, although subsequently Clifford Chance, Freshfields Bruckhaus Deringer and Slaughter and May have won the […]

Shred heads

The sentencing of CSFB banker Frank Quattrone to eighteen months in prison has blown the issue of privilege wide open. Jon Robins reports Frank Quattrone, the former star investment banker at Credit Suisse First Boston (CSFB) during the internet stock bubble, was sentenced two weeks ago to 18 months in prison in New York after […]

The work-life quiz

Patrick Gaul, managing partner, Weightmans What was your first ever job?Selling lottery tickets for Everton FC. What was your worst experience as a trainee? The first time – of many – that I was mauled by one of the Masters in the Royal Courts of Justice, probably over some trivial procedural misdemeanour. Where’s the best […]

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