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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BP fuel

BP prepares to review legal roster this year

BP is set to kick off a review of its legal panel this year for its UK and international operations, The Lawyer understands. The oil giant is expected to begin the process during the summer, with the expectation of updating its roster of external law firms before the end of 2020. It comes as some […]

DLA hires second restructuring partner in two months

DLA Piper has continued to bulk up its restructuring practice, this time with a hire from Addleshaw Goddard. The firm has hired James Davison, who will join during the summer from Addleshaws. He has been a partner at the UK firm since 2017, when he was part of the firm’s promotions round. He was the […]

moving offices

Cooley sets aside £22m for London office move

Cooley has spent about £22m for its upcoming move to its new London headquarters, its LLP accounts show. The firm is to take up new office space in TwentyTwo Bishopsgate, moving from the 69 Old Broad Street building that housed the firm’s practices since its London launch in 2015. The London office of the US firm […]

London skyline

Kirkland alumni club: Willkie secures double-partner hire in London

Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]

Shane Gleghorn, Taylor Wessing

Taylor Wessing to cut working hours and salaries and delay promotions

Taylor Wessing is cutting partner drawings by 20 per cent and reducing working hours and salaries, as part of extensive contingency measures taken to tame the effects of the coronavirus pandemic on its business. The firm is reducing hours and salaries across the headcount its UK offices up to a maximum of 20 per cent […]

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