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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Carroll

Fund rows without tears

AIFMD confusion makes mediation the most efficient solution to multi-jurisdictional funds disputes For several years the Alternative Investment Fund Managers Directive (AIFMD) from the EU hung over European fund management, creating uncertainty and an environment where even the finest legal minds can find it hard to understand what the law is (or might be) in […]

The professional indemnity time bomb

You may not recall that Berliner was the unrated insurer that was supposed to take over the book previously underwritten by Latvian insurer Balva, which was on the brink of being closed down in June. The pair join Gibraltar-based Lemma Europe Insurance Company and Irish insurer Quinn in the PII doldrums as big insurance players […]

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Clifford Chance client Excalibur defeated in $1.6bn High Court battle

The High Court has dismissed a $1.6bn claim from Clifford Chance client Excalibur Ventures, bringing to an end one of the longest running trials of 2012/13. Mr Justice Christopher Clarke today (10 September) threw out a raft of claims against Texas Keystone and Gulf Keystone, which concerned the interest in rights to exploit and develop petroleum […]

Antoine Mercier and team join DLA Piper’s Paris real estate group

DLA Piper has appointed Antoine Mercier, former partner at Dentons, to head of the real estate group. He will be arriving alongside his team, including Marie Poulhies (counsel), Myriam Mejdoubi, Julien Chabanat, Charlotte Louis-Sylvestre and François-Xavier Piollat (associates). Mercier specialises in domestic and pan-European real estate acquisition and financing. Prior to co-heading an international team at […]

DLA Piper appoints Delkousis to strengthen infrastructure and construction practice

DLA Piper has appointed Jim Delkousis to the position of global head of infrastructure and construction disputes. Delkousis has more than 20 years of experience in major project disputes throughout Asia Pacific, and more recently, the Middle East, where he led DLA Piper’s litigation and regulatory practice for the last six years. He be leading a team […]

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