Related briefings

Coronavirus update: Job Support Scheme

By Kathryn Burke, Tania Goodman On 24 September 2020 the Chancellor of the Exchequer unveiled the government’s ‘winter economy plan’. Central to this development was the inception of the Job Support Scheme, the terms of which changed on 9 October and then again on 22 October. Kathryn Burke and Tania Goodman outline the scheme and […]

Coronavirus bulletin: Shielding revisited

By Kathryn Burke, Tania Goodman ‘Shielding’ refers to the strictest guidance for social distancing and lockdown for those individuals who received letters from either the government or their GP telling them that they are extremely clinically vulnerable to COVID-19. Shielding was suspended in England on 31 July 2020 but government guidance has recently been revised. […]

What the FCA’s business interruption case means for your business

By Jean-Martin Louw, Stephen Rosen Small businesses have been thrown a lifeline as a result of the judgement on 15 September 2020 in the business interruption insurance test case, where the High Court ruled that some insureds will be covered for losses caused by the impacts of the Covid-19 pandemic. We outline what the test […]

Good(ish) news for BA

By Patrick Wheeler In July 2019 the Information Commissioners Office announced an intention to fine BA £183M for infringements of the GDPR. Around 400,000 users of the BA website had been diverted to a fraudulent site where the customers’ login, payment and travel details were harvested. The breach was not discovered until 2 months later. […]

Latest Briefings

No money-back guarantee – When severance agreements go wrong

By Louise Hall. Sarah Ash, Victoria Pratt, Daniel Read, Niall MacDonald A case in the US courts involving the former CEO of McDonald’s may appear to have very little to offer in the way of lessons for regulated financial services businesses in the Channel Islands. But the case against Steve Easterbrook currently in the Delaware […]

EU recognition of Cayman Islands tax cooperation and removal from Annex I list

By Lucy Frew, Ingrid Pierce, Tim Buckley, Lucy Frew, Anne Dolan The European Union (“EU”) has announced that the Cayman Islands has been removed from Annex I of the EU’s list of non-cooperative jurisdictions for tax purposes (“Annex I”) following a meeting of the EU’s Economic and Financial Affairs Council (“ECOFIN“). The Cayman Islands’ continued […]

Data analysis: How Covid-19 has affected professional services content

By Samuel Page In the last two months, there has been a huge increase in demand for digital content from Professional Services clients. The pressing need for information and advice from professionals has driven the highest traffic, page views and time-spent ever seen across the Passle network. I’m not in the business of saying that […]

New law to scrutinise pre-pack sales in administration

By Andrew Taylor On 8 October 2020, the Government announced new laws for independent scrutiny of pre-pack administration sales where connected parties, such as previous directors, shareholders or associates are involved in the purchase. What is a pre-pack sale? A pre-pack administration sale is a procedure where an insolvent business reaches an agreement to sell […]

Recommended

Brussels Belgium

DWF Brussels team to join Crowell & Moring

DWF’s Brussels team is set to join Crowell & Moring, after the former closed its Belgian outpost as part of a wider restructuring exercise. Head of DWF’s WTO & international trade practice Vassilis Akritidis will join Crowell on 1 October with associate Lorenzo Di Masi. It is understood that at least one other associate is […]

Money dollars

Cleary is latest US firm to review lockstep structure

Cleary Gottlieb Steen & Hamilton is reviewing its remuneration structure, The Lawyer understands. The US firm is looking to ditch its lockstep structure in favour of one that will allow it to provide higher compensation to star partners in a bid to boost retention. The model, if adopted, could take the form of a modified […]

Oil rig

Addleshaws hires Dragon Oil GC as part of energy drive

Addleshaw Goddard has added a new energy partner as part of its push to double its energy revenue and internationalise the practice. Dragon Oil’s former general counsel Paul Jones joins Addleshaws in its infrastructure, projects and energy (IPE) practice. Jones relocates to the firm’s London office, having served a year as GC for Dragon Oil in […]

Judgments of Note: Liverpool Football Club and demurrage claims

Winlink Marketing Ltd v The Liverpool Football Club & Athletic Grounds Ltd [2020] EWHC 2271 (Comm) (14 September 2020) The Commercial Court has favoured defendant, The Liverpool Football Club & Athletic Grounds Limited (LFC) in a £1.25m claim brought by Winlink Marketing Limited. Winlink, a sports intermediary, attempted to rely on an Introduction Agreement which […]

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