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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LMI analysis: ITV

For ITV 2015 was a profitable year. The UK’s biggest commercial terrestrial broadcaster achieved total revenue of £3.3bn, up from £2.9bn the previous year. Strong advertising, increased M&A activity and the continuing growth of its online, pay and interactive services has helped the broadcaster’s revenue climb 14 per cent in 12 months.

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Mayer Brown pilots agile working in London

Mayer Brown is piloting agile working in its construction department, with management to report on the results of the trial to the partnership in July. If the trial goes well, Mayer Brown would be one of the first US law firms in the City to adopt agile working. A growing number of firms have moved […]

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