Latest Briefings

Moving to the Cayman Islands

Boasting an enviable lifestyle, modern infrastructure and a highly sophisticated financial services industry and all within a short flight of Miami and other US cities, the Cayman Islands check all the boxes for individuals seeking to relocate to a tax-neutral jurisdiction. As a result, the Cayman Islands have evolved into an increasingly popular place of residence for internationally mobile “remote-workers” and high-net-worth individuals from around the world.

FCA consults on new consumer duty in retail financial markets

Following the April 2019 publication of its feedback statement on a duty of care and potential alternative approaches, the Financial Conduct Authority (FCA) is consulting until 31 July 2021 on a new Consumer Duty that would set clearer and higher expectations for firms’ standards of care towards consumers.

Tech companies: three things you should know from the 2021-22 Quebec budget

The Québec Budget 2021–2022 includes measures encouraging investment to accelerate technology adoption and strengthens several tax measures aimed at the technology sector. The three key tax measures that tech businesses and entrepreneurs should know about are discussed below.

Workplace testing and vaccinations: What employers need to know

Workplace testing has proven to be a crucial piece in the UK government’s jigsaw to get British business back on its feet. But how can businesses implement a workplace testing programme and will the vaccine roll out make a difference?

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shard london

Greenberg reignites London restructuring with senior Bakers hire

Greenberg Traurig has targeted Baker McKenzie for its latest hire, as the US firm hams up its London recruitment drive. Ian Jack, co-head of Bakers’ global restructuring & insolvency group is the latest lawyer to be lured to Greenberg’s HQ in The Shard. He has spent over 23 years at Bakers, making partner in 1998 […]

london

Skadden fills restructuring gap with Milbank recruit

Skadden Arps Slate Meagher & Flom has made its third lateral hire in five months in London, bringing on board a restructuring partner from Milbank. The US firm has hired Peter Newman, a partner from Milbank’s financial restructuring group who was with the firm for over 15 years. He fills a void left by retired restructuring […]

Dechert strengthens in restructuring with Shearman hire

Dechert has replenished its financial restructuring capabilities with a Shearman & Sterling hire based in London. Solomon Noh joined the Philadelphia-based firm after 17 years with Shearman, where he has represented investment managers in financial restructurings, financings, and mergers and acquisitions. Noh has had particular experience working on the creditor side in many of the […]

DLA Piper leads on restructuring of department store Beales

DLA Piper has taken a lead role in the administration of the latest retail company in the UK to fall into administration. Partner Barney Smedley from the firm’s Leeds office is leading a team acting for KPMG, which was appointed as administrators for Beales following a court hearing yesterday. The Bournemouth-based department store started facing […]

Freshfields Bruckhaus Deringer

Freshfields disputes partner exits after firm investigation

A second partner from Freshfields Bruckhaus Deringer’s disputes team has left the firm after an internal investigation. Tom Snelling has left the firm, having been made a partner at Freshfields in 2010. He has been involved in a range of cases while at the magic circle firm, including acting for former tobacco manufacturer Gallaher on […]

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