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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parliament government

UK Government courts US firms for Brexit trade work

An array of international players are putting in bids for the UK Government’s post-Brexit trade law panel, as it looks beyond domestic firms for the first time. Panel bidding material shows that the Crown Commercial Service (CCS), which is leading on the process, is not requiring firms to be based in the UK, in a […]

Mayer Brown preps for 50 per cent office capacity from September

Mayer Brown is gearing up to repopulate its London office, with around 50 per cent of its City staff expected to return, albeit on a voluntary basis. The firm said that the opening of schools next month would allow its staff and partners to flex their working week. It will be up to the lawyers […]

London

Paul Hastings adds second lateral in a week with Ashurst hire

Paul Hastings is continuing apace with a streak of lateral hires, this time bringing in an infrastructure partner from Ashurst. Energy and infrastructure partner Derwin Jenkinson will be part of the firm’s finance practice, joining a number of other former Ashurst colleagues. Michael Smith, Diala Minott and Cameron Saylor all made the same move in […]

Shearman finance partner leaves for Paul Hastings

Paul Hastings has targeted Shearman & Sterling in London for the second time this year, hiring a partner from its finance practice. Shearman partner Peter Hayes is joining Paul Hastings, having spent more than twenty years at the firm. Hayes focused on loans, acquisitions and leveraged finance matters and restructuring work. His clientele includes PE […]

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