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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RBS

RBS disputes head exits bank for White & Case

White & Case has hired an in-houser from the Royal Bank of Scotland’s legal team, as the US firm continues to add to its litigation practice in the City. RBS’ litigation head Laura Durrant will join White & Case‘s London office as a partner. She leaves her role as head of litigation and investigations at RBS […]

Dentons

Carillion and RBS fees push Dentons to record revenue figure

Dentons has posted a 22 per cent increase in revenue for its UK and Middle East regions, generating a total of £203.1m in 2016/17 in the first financials after the merger with Scottish firm Maclay Murray & Spens. Profit per equity partner increased by 36 per cent during the same period, reaching £651,000. Without the […]

Royal Bank of Scotland RBS

Slaughters loses out to Freshfields on RBS government share sale

Freshfields Bruckhaus Deringer has taken the lead advising the UK Government in the sale of 925 million Royal Bank of Scotland (RBS) shares, as it attempts to raise £2.6bn to reduce national debt. Freshfields global transactions partners Julian Makin and Ashar Qureshi advised the United Kingdom Financial Investments (UKFI), which controls the Treasury’s stake in RBS, and is selling […]

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