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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Barclays sets its sights on new panel of alternative legal providers

Barclays is looking to appoint a new panel entirely made up of alternative legal services providers. The process will kick off in the coming months and is expected to be completed by the end of the year subject to the current Covid-19 situation. For the first time, the bank is looking to include companies such […]

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Reed Smith responds to pandemic pressures with new unpaid leave scheme

Reed Smith has set up an unpaid leave programme for its staff, as the firm continues to deal with the ramifications of Covid-19. Any Reed Smith employee or fixed-share partner can apply for the global initiative, which was recently launched by the firm’s chief human resources officer Kevan Skelton and allows for staff to take […]

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