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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City duo lead as second litigation funder braces for £29.4m IPO

Addleshaw Goddard and Stephenson Harwood are leading in litigation funder Manolete Partners’ listing on the AIM market of the London Stock Exchange, as it raises nearly £30m to become the second funder to go public. London-based Manolete Partners’ intention to float comes nearly two months after Vannin Capital halted its own efforts due to volatility experienced in the […]

Bryan Cave Leighton Paisner, BCLP

BCLP targets quicker response in disputes cases with new AI tool

Bryan Cave Leighton Paisner (BCLP) has launched a new artificial intelligence service that will extensively assess the legal risks of early-stage disputes and investigations in about 14 days. The service, called Clear/Cut, was developed in-house over the year by a team of litigators and technologists that included the firm’s forensic technology team, legal project management experts and […]

Azerbaijan

Fried Frank and Dechert strike decisive blow in Sberbank case

Fried Frank Harris Shriver & Jacobson and Dechert have fought off an appeal from White & Case upholding an earlier High Court decision in favour of Russian lender Sberbank. The appeal made by the International Bank of Azerbaijan (IBA) was unanimously dismissed by Lord Justices Lewison, Henderson and Baker, with White & Case now expected […]

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