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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DLA Piper furloughs staff amid coronavirus pandemic

DLA Piper has placed some of its non-fee-earners on furlough in response to the coronavirus pandemic. The firm has furloughed a number of people in its UK property and workplace team. The department provides premises and office services including management and maintenance of DLA’s offices. The firm states that the employees are currently at home […]

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Womble Bond Dickinson places staff on furlough and defers partner distributions

Womble Bond Dickinson is placing some of its non-fee-earners on furlough in response to the coronavirus pandemic, while it has also deferred partner distributions. The Lawyer understands that one-third of UK staff have been placed on furlough leave, however, their salaries will be topped up to 100 per cent, the firm said. In response to the […]

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Taylor Wessing furloughs up to 20 employees

Taylor Wessing has put in place a series of measures to weather the Covid-19 health crisis and its financial fallout. The firm has decided to withhold distribution of profits to its partners, also choosing to sign onto the UK Government’s furlough scheme. It is understood that the firm is furloughing at least 20 people, both […]

Richard Foley

Pinsent Masons furloughs staff amid coronavirus shutdown

Pinsent Masons is placing some of its non-fee-earners on furlough in response to the coronavirus pandemic, while it also considers a change to its quarterly cycle of partner payouts. These are just two of the latest measures put in place by the firm. Senior figures are now undertaking a programme of scenario planning to consider what […]

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