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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Norton Rose

Norton Rose performs U-turn to put redundancies on hold

Following its revival of the four-day Flex programme, Norton Rose Fulbright has confirmed it will not be following through with plans to make global redundancies. The firm was considering the axing of jobs across business services prior to the coronavirus pandemic, The Lawyer can reveal, however, it has now made a significant reversal on the […]

Lewis Silkin and Hill Dickinson place staff on furlough

Hill Dickinson and Lewis Silkin are placing some of their non-fee-earners and associates on furlough in response to the coronavirus pandemic, The Lawyer understands. Both firms have taken the decision to use the UK Government’s grant scheme – providing furloughed staff with 80 per cent of their wage. A Lewis Silkin spokesperson said: “Our absolute focus […]

Solicitors Regulation Authority

HFW partner fined by SRA for drink driving charge

A HFW partner has been fined £2,000 after an investigation by the Solicitors Regulation Authority (SRA) into a drink driving charge. James Cashman, who is a partner in the firm’s London office, was under investigation by the regulator for a 2019 incident. In July last year, Cashman hit a stationary parked car and was arrested […]

The Virus Diaries: Simpson Thacher’s London head on “stress testing everything”

We’re more than three weeks into lockdown, but the number of UK law firms that have begun to take operational action against the impact of the virus is mushrooming rapidly. Last week, Herbert Smith Freehills confirmed it was reducing partner profit distributions as did Taylor Wessing, which also signed up to the UK Government’s furlough […]

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