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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Spiralling towards disaster?

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…as legal head goes to Barclays

Henderson Investors’ head of legal and compliance has left to join Barclays after five years at the company. Mark Phythion-Adams is joining Barclays’ private banking unit as head of risk and compliance and will begin work at the department on 15 November. Jeremy Ogden, legal director in retail financial services at Barclays, says the move […]

City firms battle for global mobile licence

Field Fisher Waterhouse and Simmons & Simmons are battling for their clients to take a slice of five universal mobile telecommunications services licences, worth a total of £1.5bn. The Department of Trade and Industry, advised by Allen & Overy, launched the bidding process for the lucrative licences by announcing timetable details for the auction process […]

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