Latest Briefings

No money-back guarantee – When severance agreements go wrong

By Louise Hall. Sarah Ash, Victoria Pratt, Daniel Read, Niall MacDonald A case in the US courts involving the former CEO of McDonald’s may appear to have very little to offer in the way of lessons for regulated financial services businesses in the Channel Islands. But the case against Steve Easterbrook currently in the Delaware […]

EU recognition of Cayman Islands tax cooperation and removal from Annex I list

By Lucy Frew, Ingrid Pierce, Tim Buckley, Lucy Frew, Anne Dolan The European Union (“EU”) has announced that the Cayman Islands has been removed from Annex I of the EU’s list of non-cooperative jurisdictions for tax purposes (“Annex I”) following a meeting of the EU’s Economic and Financial Affairs Council (“ECOFIN“). The Cayman Islands’ continued […]

Data analysis: How Covid-19 has affected professional services content

By Samuel Page In the last two months, there has been a huge increase in demand for digital content from Professional Services clients. The pressing need for information and advice from professionals has driven the highest traffic, page views and time-spent ever seen across the Passle network. I’m not in the business of saying that […]

New law to scrutinise pre-pack sales in administration

By Andrew Taylor On 8 October 2020, the Government announced new laws for independent scrutiny of pre-pack administration sales where connected parties, such as previous directors, shareholders or associates are involved in the purchase. What is a pre-pack sale? A pre-pack administration sale is a procedure where an insolvent business reaches an agreement to sell […]

Recommended

WeWork to carry out inaugural panel review in Europe

WeWork is to launch its first formal panel review across Europe this year, after the arrival of its new general counsel Sarah Nelson Smith at the end of 2018. The workspace giant hired Nelson Smith from KFC over the summer, who is gearing up to review the company’s current legal arrangements in the first half […]

Sarah Nelson Smith, WeWork

In early 2018, KFC’s European legal head Sarah Nelson Smith signed off an advert in which the brand apologised for its chicken shortage with “FCK, we’re sorry”. It was a hectic month for the fast-food retailer and its legal team, which had to deal with the distribution crisis that stopped its famous chicken reaching its […]

Lateral hires London

McDermott shifts City business services staff to WeWork

McDermott Will & Emery has become the latest City firm to diversify its office space, with a number of its business services teams moving into a WeWork office adjacent to its London HQ. Around 20 members of staff from accounting, marketing and business development, HR and research moved across from Heron Tower at the end […]

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