The lockdown will likely lead to an increase in companies entering liquidation. The appointed liquidator might then issue a notice to “disclaim” a lease if it is unprofitable or if it can’t readily sell the property or if it will give rise to a liability to pay money or perform any other onerous act.
Read MoreIf your company is looking to offer a long term incentive to employees, you should consider EMI options.
Read MoreSince our last update, there have been numerous (almost weekly) updates to the Coronavirus Job Retention Scheme.
Read More“Force majeure” provisions are often over-looked clauses hidden at the end of the contract but have become vitally important in the Coronavirus period.
Read MoreThe government has proposed a package of measures to protect public services during the period of disruption caused by COVID-19.
Read More‘Lockdown’ measures introduced by the government in response to the COVID-19 pandemic have impacted the enfranchisement sector in a number of ways. Tenants and landlords should obtain advice on their options and the action required because statutory rights and timetables in enfranchisement continue to apply.
Read MoreThe rapid spread of Covid-19 has inevitably posed a significant challenge to the operation of the Court system and access to justice. However, the Courts have reacted quickly to this rapidly changing situation to ensure that a functioning court and tribunal system is maintained.
Read MoreDirectors must continue to consider the interests of employees and stakeholders during this period. Businesses should look at practical solutions to the problems raised by Covid-19.
Read MoreThe new Coronavirus Act 2020 introduced a three month moratorium as of 26 March 2020 up to 30 June 2020 preventing landlords from exercising their right to forfeit either by proceedings or peaceable re-entry for non-payment of rent. This period may be extended.
Read MoreEarlier this year, the High Court rejected the argument advanced by the European Medicines Agency (EMA) that the UK’s departure from the EU would constitute a ‘frustrating’ event for the purposes of their 25-year lease of commercial premises in Canary Wharf thereby releasing both parties from all further obligations.
Read MoreOn the face of it, dismissing an employee for urinating in a public place would seem like it should result in a fair dismissal. However, the case of Asda Stores Ltd v Raymond demonstrates how important investigating the circumstances properly is when dismissing employees.
Read MoreEntrepreneurs’ relief is an attractive means for owner managers to reduce the tax payable on their gains should they choose to exit their business on a sale. A number of our clients rely on the availability of this relief to maximise their exit proceeds.
Read MoreSome businesses actively monitor their staffs’ online communications and their use of social media at work. If you do this you may need to adjust your policies to take into account a recent decision by the European Court of Human Rights.
Read MoreBarry Shaw has recently had an article, 'A plague on your houses', published in the Estates Gazette.
Read MoreWallace litigation partner, Alexander Weinberg, has been quoted in a Law360 article titled, SFO Breaks New Ground With Barclays Criminal Probe.
Read MoreBarry Shaw has recently had an article, The Pros and Cons of Commercial Property Investment, published in the Estates Gazette Auction supplement, as part of a feature on investors turning to commercial property instead of residential.
Read MoreWallace litigation partner, Alexander Weinberg, has recently been quoted in a Law360 article titled, UK Client Privilege Ruling Has Legal Sector on Red Alert.
Read MoreThe Wallace team has recently advised the shareholders of Suiko on the sale of their shares to Turner & Townsend.
Read MoreAlexander Weinberg has recently taken part in a mini roundtable for Corporate Disputes Magazine entitled Group Actions - Insight for the Financial Services Sector.
Read MoreProfessionals do inevitably make mistakes from time to time (really!) but the costs of pursuing a claim can be prohibitive and the process can be frustratingly slow.
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