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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South African Airlines, plane, aeroplane, airport

A&O and ENSafrica lead on South African Airways rescue

South African firm ENSafrica and Allen & Overy are leading on the business recovery of one of Africa’s largest airlines, South African Airways, saving it from collapse. ENSafrica’s chairman Michael Katz is leading for the airline on behalf of the National Treasury of South Africa, which manages its national economic policy. South African Airways is […]

Allen & Overy

A&O debuts legal services centre with South Africa foray

Allen & Overy (A&O) is set to open a new legal services centre in South Africa in the first part of 2020, building on the capabilities of its existing Belfast outpost. The new centre, located in Johannesburg, will contribute efforts in providing cost-effective resources for transactions, a service that the firm has been offering in […]

just eat

Magic circle duo advise as South African company makes £5bn play for Just Eat

Allen & Overy, Ashurst and Linklaters have all landed roles on South African company Naspers’ bid for Just Eat. Prosus, the international internet assets division of Naspers, made a £4.9bn all-cash offer to acquire Just Eat today, a deal which would thwart the UK company’s merger with Dutch rival Takeaway.com. Linklaters is acting for longstanding […]

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