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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McDermott Heron Tower

McDermott continues expansion streak with double hire from Willkie

McDermott Will & Emery is continuing its expansion plans in the City, bringing in two finance partners from Willkie Farr & Gallagher. The US firm is set to take on Aymen Mahmoud and Mark Fine, both with debt financing expertise, in its London office. They join just a month after McDermott hired another finance partner, […]

Combined revenue of European 100 keeps rising but 2020 outlook is bleak

The combined revenue of the 100 largest independent firms in Europe continued to rise in 2019, The Lawyer can reveal – but firms are bracing for a reversal of fortunes in 2020. Total turnover for the 100 firms rose 5.2 per cent last year, from €10.4bn in 2018 to €10.94bn (£9.6bn), continued an upwards trend. […]

flexible

Eversheds introduces flexi-working scheme alongside extra holiday for carers

Eversheds Sutherland has taken several further measures to combat the impact of coronavirus, as the firm has decided to make significant reductions in discretionary spend and is deferring a review of remuneration and bonus payments until October 2020. The firm has also introduced an enhanced holiday scheme, which gives an additional day of holiday for […]

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