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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McGrigors’ London base sees turnover boosted by one-third

Mcgrigors has seen a massive upsurge in London work, with City turnover growing by 30 per cent in the past year as firmwide turnover rises by 5 per cent to £42.4m. McGrigors’ financial year ends on 30 September. Of its total turnover, around £18.2m came from London and £24.2m from outside the capital. London now […]

Former Macfarlanes partner joins Maitland in SA

Maitland, the South African trusts advisory group that took on Linklaters partner Rupert Weber, has also hired former Macfarlanes partner Michael Hayes. Formerly a partner in the City firm’s highly rated private client department, Hayes will join as a part-time consultant next month. He retired from Macfarlanes in April, but while there often worked with […]

Freshfields paves the way to oust underperformers

Magic circle firm proposes tougher centralised process for sacking weaker partners; vote imminent Freshfields Bruckhaus Deringer is to make it easier to get rid of underperforming partners. If partners vote in favour early next year, the firm will no longer require a partnership vote to oust partners; instead, powers will be delegated to a slimmed-down […]

Record number of global firms achieve Paris Bar Council spots

International firms had their best ever showing in last week’s elections for the Paris Bar Council. Four candidates from Anglo-Saxon firms were among the 42 lawyers standing for the 17 vacant seats on the council in a bid to double the number of international representatives. Prior to last week’s elections, there were only four council […]

Legal Widow

The managing partner unveiled a new training strategy at the recent personal development and motivational weekend. It was held in Dublin – motivation enough for anybody – but lawyers are awfully spoilt. If I was in charge, I’d book the local church hall and they’d have to lump it. Everyone spends the entire weekend in […]

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