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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DLA Piper anticipates Korean liberalisation

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Norton Rose calls on international team to help with HSBC rights issue

Norton Rose has won a trophy mandate from key client HSBC, advising on its £12.5bn rights issue. US firm Cleary Gottlieb Steen & Hamilton also ­represented the bank, while Linklaters and Shearman & Sterling ;acted ;for ;the ­underwriters. Norton Rose corporate partner Martin Scott led the team alongside London-based corporate partners Nick Adams and Chris […]

Persimmon brings in Mayer Brown to put finances in order

Mayer Brown has steered long-time housebuilding client Persimmon through the renegotiation of its ­existing debt, as well as advising on £1.1bn of new facilities with a consortium of banks. Persimmon has had a relationship with Mayer Brown for some time, with the law firm advising the company on its £643m ­recommended offer for UK housebuilder […]

Eisenberg elected for fourth term as BLP chief

Neville Eisenberg has been elected unopposed for his fourth term as managing partner of Berwin Leighton Paisner (BLP). He was appointed following a partner vote on Thursday last week (5 March) and will serve for another three years. Following the announcement Eisenberg, who has been managing partner since 1999, said the firm had “excellent prospects” […]

Ashurst to establish funds team in Dubai

Ashurst’s funds group is setting up a base in Dubai to attack the Middle East and Asia investment funds ­market. It is understood that funds partner Chézard Ameer has been lined up to lead the team. Ashurst head of funds Jeremy Sheldon said: “We’re targeting our efforts on expanding in the Asian and Middle East […]

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