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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Bringing IT work to Bristol

Ryan Dunleavy discovers that Bristol firms are determined not to miss out on the boom in e-commerce work. Bristol firms are waking up to the fact that intellectual property, information technology and e-commerce are providing a huge new area of work and expertise. Each area creates regulatory, transactional, ownership and a whole host of new […]

Digests

Titmuss Sainer Dechert represented French company Consodata SA on its £15.75m purchase of Consumer Access. As part of the sale, Arcadia Group sold off a 51 per cent stake in Consumer Access. An option agreement was drawn up for the sale of the remaining 49 per cent share in the company from Hugh Villers and […]

Financings

Rosenblatt acted for Credit Agricole Indosuez and Dublin-based ACT Venture Capital which financed the management buy-out of Snapper Music. Ian Rosenblatt

Property

Clifford Chance advised MEPC on the letting of two buildings at Ancells Business Park, Fleet. The 45,000 sq ft Fulmar House and Technology House buildings have been let to Parametric Technology (UK). Clifford Chance’s team included real estate assistant Angela Shepherd and construction assistant Bruno Spence. Ann Lewin, property partner at Trevor Robinson & Co, […]

Freshfields merges with German firm

Partners at Freshfields and German firm Deringer Tessin Herrmann & Sedemund have voted for a merger. The union will create a 267-partner firm to come into effect in January 2000, five months earlier than expected. The firms have been in a loose alliance since January 1998. Freshfields’ senior partner Anthony Salz says: “After a period […]

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