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 announces changes to the executive management team

DLA Piper has announced a series of changes to the executive management team of DLA Piper International, which took effect on 1 November 2014. The executive management team has responsibility for the day-to-day management of the EMEA and Asia-Pacific business and the development of strategic proposals for presentation to and approval by the firm’s board. […]

Gateley partner William Ballmann comments on latest R3 insolvency risk figures

According to William Ballmann, chair of insolvency trade body R3 and partner at Gateley, the Yorkshire and the Humber region has shown a steady recovery across a range of sectors, including hospitality. R3’s research showed that October was another month of steady recovery in the region, with the number of businesses with a higher-than-normal risk of […]

No5 barrister represents partner of woman who hanged herself in psychiatric unit

A grieving partner has called for a review of psychiatric care at the North Devon District Hospital after his partner was discovered hanging in her bedroom after spending two weeks at Barnstaple’s Ocean View facility in February 2011. Simon Banks claims staff at the facility failed to take simple steps that could have prevented her […]

Preventative banking rules are a fair allocation of responsibility, says Eversheds

Andrew Henderson, partner and financial services regulatory expert at Eversheds, has commented on new global rules to prevent banks that are ‘too big to fail’ from being bailed out by taxpayer. He said: ‘Revised bank capital adequacy rules are among the most important regulatory measures to emerge from the most recent financial crisis. The FSB […]

Eversheds advises NWCL on establishment of $1.5bn medium-term note programme

Eversheds has advised New World China Land (NWCL) on the establishment of its $1.5bn (£946m) medium-term note (MTN) programme and its first issuance under the programme. The MTN programme, arranged by BOC International and HSBC, was listed on the Hong Kong Stock Exchange on 28 October 2014. The programme benefits from unique structural support features including […]

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