Latest Briefings

Moving to the Cayman Islands

Boasting an enviable lifestyle, modern infrastructure and a highly sophisticated financial services industry and all within a short flight of Miami and other US cities, the Cayman Islands check all the boxes for individuals seeking to relocate to a tax-neutral jurisdiction. As a result, the Cayman Islands have evolved into an increasingly popular place of residence for internationally mobile “remote-workers” and high-net-worth individuals from around the world.

FCA consults on new consumer duty in retail financial markets

Following the April 2019 publication of its feedback statement on a duty of care and potential alternative approaches, the Financial Conduct Authority (FCA) is consulting until 31 July 2021 on a new Consumer Duty that would set clearer and higher expectations for firms’ standards of care towards consumers.

Tech companies: three things you should know from the 2021-22 Quebec budget

The Québec Budget 2021–2022 includes measures encouraging investment to accelerate technology adoption and strengthens several tax measures aimed at the technology sector. The three key tax measures that tech businesses and entrepreneurs should know about are discussed below.

Workplace testing and vaccinations: What employers need to know

Workplace testing has proven to be a crucial piece in the UK government’s jigsaw to get British business back on its feet. But how can businesses implement a workplace testing programme and will the vaccine roll out make a difference?

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Slaughter and stay

In these strange and uncertain times, we turn to Slaughter and May for a bit of stability. The firm typically holds onto its partners like glue, shielding them from the prying eyes of recruiters and instilling a sense of career security. Slaughters is for life, right? Well, more or less. Since 2005, just half a […]

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Mishcon eyes spin-out of ancillary businesses as it shelves IPO

Amid turmoil on the public markets, Mishcon de Reya has shelved further discussion of a part-IPO after resistance from sections of the partnership. Early in 2019 The Lawyer noted the talk linking the firm with an IPO; by the end of the summer the news broke that Mishcon was indeed in the early days of […]

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The slow and steady decline of lockup discipline

Lockup discipline will be a priority item on the managerial agenda as firms look to shore up their cashflow in response to the economic earthquake sparked by the coronavirus pandemic. There are signs that firms have become too lax when it comes to basic financial hygiene. The lessons learned in 2008, it seems, have been […]

DWF in discussions with lenders over COVID-19 impact

DWF has braced its investors on the impact of the coronavirus on its business, highlighting that will seek additional contingency facilities from its lenders. The firm said this was needed to ensure it has “increased headroom for working capital purposes and a relaxation of certain covenants for a period of time.” It already has an […]

drugs

Mills & Reeve triumphs for NHS in scrap over pharma drug

In a decision that could potentially save the NHS up to £500m a year, Mills & Reeve and Landmark Chambers yesterday secured a monumental Court of Appeal victory over Arnold & Porter and Covington & Burling, duly defeating two big pharma companies in the process. The contentious rematch saw both Bayer and Novartis fail to […]

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