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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London city

City trio take lead on Jupiter’s £390m funds acquisition

Macfarlanes, Travers Smith and Clifford Chance have won mandates on the consolidation of two UK asset managers, Jupiter Fund Management and Merian Global Investors. Clifford Chance acted for the buyer Jupiter, which acquired Merian for some £390m, creating a retail funds manager with just over £60bn of assets under management. Corporate partner David Pudge led […]

london

Occupy London headaches for Slaughters and Kirkland

What do Slaughters, Bakers, Kirkland, White & Case and Skadden have in common? A mighty, London office-shaped management headache. The lease on all of these firms’ City homes is due to expire by, at latest, 2026. And in the timeless words of Joe Strummer, the question for the leaders of these firms boils down to […]

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