Related briefings

Uzbek banking sector COVID-19

In light of the spread of coronavirus infection Covid-19 and in addition to quarantine regime, Uzbekistan has undertaken a number of other measures aimed at mitigating risks and maintaining the normal functioning of business activities, including the banking sector. On March 26, 2020, the Central Bank of the Republic of Uzbekistan (the “CBU”) made the […]

VAT refund procedure legal update – Azerbaijan

Regulation for refund of value added tax (“VAT”) paid by individuals, who are consumers, for goods (except for oil and gas products) purchased from persons engaged in retail trade or public catering in the territory of the Republic of Azerbaijan (“Regulation”) has been adopted by the Decree of the President of the Republic of Azerbaijan […]

Covid-19: Restriction of state court activity and alternative dispute resolution methods

By Vladimir Komarov The ” Black swan ” of coronavirus has already led such economic sectors as tourism, air transportation, hotel business, and non-food retail to a deep crisis. We can confidently predict that violations of contractual obligations, unilateral termination of contracts and other consequences of the disease and measures to combat it will affect […]

Labour relations in the context of quarantine due to coronavirus (Uzbekistan)

Tatyana Popovkina and Mirzaaziz Ruziev Limitations set in order to prevent spread of coronavirus infection affect all business processes, including employer-employees labour relations. In accordance with the Decree of the President of the Republic of Uzbekistan ‘On priority measures to mitigate the negative impact on sectors of the economy by the coronavirus pandemic and global […]

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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Kirkland lures another Linklaters partner to the Gherkin

Kirkland & Ellis has taken another partner from Linklaters, as a second member of the magic circle firm’s tax team leaves for the US firm in London. Mavnick Nerwal will make the move to the Gherkin two years after Kirkland picked up former Linklaters partner Tim Lowe, who co-heads the US firm’s tax practice. Lowe joined […]

Fieldfisher, Enyo and Pinsents lose out in PrivatBank appeal

Hogan Lovells has been successful in an appeal for its client PrivatBank, allowing the firm to pursue the lawsuit in London against oligarchs represented by Fieldfisher, Pinsent Masons and Enyo. The Ukrainian bank challenged a High Court judgment, which ruled the case does not have jurisdiction in London and that a worldwide freezing order on […]

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How Latham muscled in on one of Slaughter and May’s oldest clients

The collapse of Thomas Cook last month took the 175-year-old holiday group away from two law firms that had been its loyal advisers for more than a decade; it is a road that has seen plenty of twists and turns. Slaughters’ relationship with the company goes back to at least 2007, when William Underhill, one […]

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Slater & Gordon settles long-running rift with Watchstone

Slater & Gordon and Watchstone have settled a long-running dispute between the pair, just days before High Court proceedings were due to begin. In 2017, Slater & Gordon, instructing CMS Cameron McKenna Nabarro Olswang, served Watchstone (formerly Quindell) with a £637m damages suit over its takeover of the latter’s professional services arm two years prior. Shortly […]

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