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

Gide cuts partner remuneration but keeps associate pay rises

French firm Gide Loyrette Nouel has decided to cut partner pay by up to 25 per cent to keep the business afloat in response to the global impact of Covid-19. Gide’s executive committee has recently taken two precautionary measures to protect the financial stability of the firm. A reduction of up to 25 per cent […]

Manchester

Brabners cuts employee salaries by 20 per cent

Brabners has furloughed 75 employees and cut the salaries of the remaining, working staff to safeguard the firm during the Covid-19 pandemic. The measures, which are in place for a four-month period from April to the end of July, mean that employees earning at least £25,000 a year will have their salaries reduced by 20 […]

london city

Goodwin attracts BCLP partner to lead UK litigation practice

After a spate of lateral hires in the last 12 months, Goodwin is continuing apace with its London expansion strategy bringing in a new partner from Bryan Cave Leighton Paisner. The firm has recruited litigation partner Oliver Glynn-Jones, marking Goodwin’s first commercial disputes-focused member in London. Glynn-Jones has been at BCLP for nearly 20 years, […]

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