Related briefings

Time waits for no financial services institution

By Guy Wilkes Financial service firms cannot wait for the outcome of the leave negotiations before putting their restructuring plans into effect After the initial excitement and panic following the referendum result lawyers were quick to reassure their clients that nothing had changed overnight. The Financial Conduct Authority (FCA) similarly sought to reassure people that […]

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.

Recommended

Stephen Kensell

Banking partner gets top London job at Latham

Latham & Watkins has named a former Allen & Overy partner as its new London head, following the completion of Jay Sadanandan’s five-year term. Stephen Kensell, who joined Latham in 2016 from the magic circle firm, will take on the role of office managing partner. He is currently Latham’s global vice chair of banking. Kensell […]

new york

Freshfields continues New York hiring spree with Latham recruit

Freshfields Bruckhaus Deringer has added an employee benefits partner in New York from Latham & Watkins, following on from the magic circle firm’s recruitment of a Cleary quartet last year. Lori Goodman will make the jump from the US to magic circle firm, becoming a partner in its US executive compensation and employee benefits practice, […]

Freshfields corporate partner leaves for Latham

Latham & Watkins has snared another partner from the magic circle, bringing on board a corporate rising star from Freshfields Bruckhaus Deringer. London-based Sam Newhouse has departed Freshfields after spending his entire legal career at the magic circle firm. Having joined in 2003 as a trainee and later becoming an associate, he was made up […]

Latham loses second capital markets partner to Cooley

Cooley has hired another London capital markets partner from Latham & Watkins, filling a void left by the departure of partner Ed Lukins to Orrick Herrington & Sutcliffe. The US firm has brought in long-time Latham lawyer David Boles to boost one of the London office’s most profitable practices. The hire comes less than a […]

liverpool street

Move over Goodwin, Latham is coming for tech partners

Latham & Watkins has hired two corporate partners in a bid to expand its City technology practice, less than six months after Goodwin made a similar move with a team raid from Taylor Wessing. Taylor Wessing has been hit again this time, with Latham landing Mike Turner, the head of the UK firm’s tech, media […]

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