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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Richer than Kirkland partners – Knights CEO makes Sunday Times Rich List

The chief executive of Knights has debuted on The Sunday Times Rich List, two years after guiding the firm through its listing on the London Stock Exchange. David Beech has been named in the newspaper’s annual list of the UK’s 1,000 wealthiest residents, with an estimated worth of £130m. His wealth has been attributed to […]

London Stock Exchange

Defeat for Burford in market manipulation case against LSE

Burford has lost its case against the London Stock Exchange, with a High Court judge dismissing claims of market manipulation. Burford went head to head with the LSE in a High Court application on earlier this year in an attempt to force the stock exchange to reveal the identity of traders. Burford blames it for […]

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 […]

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