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

Accountants and foreign firms come top in French fees table

A survey of French law firms has revealed that they are losing the fight against the accountancy-linked giants and Anglo-Saxon rivals. Fidal, KPMG’s affiliated firm, has increased the gap between itself and its competitors with gross fees nearly double the size of Landwell’s, the second-placed firm. International firms and the big five accountancy firms have […]

Andersen Legal attacks Dutch Bar

Andersen Legal has sent a warning to the Dutch Bar by publishing a critical report on the bar’s ban of associations between law firms and accountants. The report, entitled “Fair Competition and the Practice of Law in The Netherlands”, was released at the International Bar Association (IBA) conference in Amsterdam on 22 September. It attacks […]

Bingham adds to NY capability

Boston firm Bingham Dana is taking on a finance partner from Mayer Brown & Platt to boost its New York practice. Scott Zemser does both banking and finance work, as well as workouts and restructurings. His financial institution clients include Société Generale, DLJ, ING Barings, Canadian Imperial Bank of Commerce, First Union and HSBC. Managing […]

Case of the week

Lord Melchett, the chief executive of Greenpeace, and 27 other members of the environmental group, were found not guilty of criminal damage after destroying a field of genetically modified (GM) maize. The jury not only found in their favour, but also ordered that the prosecution should award them £250,000 costs. The decision enraged farmers and […]

DLA forms Singapore alliance

J Koh & Co, which has 21 lawyers, specialises in cross-boarder transactions, project financing, M & A, private equity, structured dept and securities. The move follows DLA’s recent announcement that Italian law firm, De Berti, Jacchia, Perno & Associati will joining D&P in January 2001. DLA’s Singapore office will focus on shipping, marine insurance and […]

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