The right to trade wrongfully
On Saturday evening, the Business Secretary, Alok Sharma MP, announced that, in order to support business, the government intends to suspend the wrongful trading provisions contained in insolvency legislation.
Read moreResidential Possessions Update
You may have read about the Government’s intention to change the law to stop tenants being evicted as a result of Coronavirus. A Bill has been passed today which will impact on current possession claims and also on the service of notices.
Read moreRemember your Section 17 notices
With so much focus on rent concessions for tenants and the new forfeiture moratorium, landlords should make sure they also protect their rights to recover rents and other fixed charges from former tenants and guarantors by serving notice under section 17 of the Landlord and Tenant (Covenants) Act 1995 within 6 months of the sums falling due.
Read moreConstruction contracts – the impact of Covid-19
Over the past few weeks, developers and contractors have been assessing the potential implications of coronavirus and COVID-19 on construction projects.
Read moreDispute Resolution in the Age of Isolation
Dispute Resolution Partner, Andrew Head, and Senior Solicitor, Bryan Shacklady, take a look at the implications of the coronavirus lockdown for dispute resolution, focusing on three key dispute resolution mechanisms: litigation, arbitration and mediation.
Read moreCoronavirus Job Retention Scheme
On 20 March 2020, the Chancellor, Rishi Sunak, announced the Coronavirus Job Retention Scheme (the “Retention Scheme”), which is designed to give employers support for paying salaries to those who would otherwise have been laid off due to the pandemic.
Read moreCOVID-19: Forfeiture moratorium for UK commercial leases
The majority of leases in England require tenants to pay one quarter of the rent on 25 March with landlords typically being able to forfeit the lease by peaceable re-entry if the rent is not paid within 14 or 21 days.
Read moreBUDGET 2020 – Principal measures of interest for individuals and trustees
The UK Budget 2020 announced on 11 March 2020, was rather overtaken by world events. Having been long-delayed and thrown into doubt by the resignation of the former Chancellor, Sajid Javid, in February, in the end it was COVID-19 that really moulded the new Chancellor's speech.
Read moreGovernment delays implementation of IR35 Off Payroll Working Rules
The Government has confirmed that the implementation of the extension to the IR35 offpayroll working rules has been delayed for a year.
Read moreCoronavirus: What effect will this Covid-19 pandemic have on tenants' leasehold liabilities?
Given that leases do not contain force majeure clauses, and they will not be frustrated by any temporary restriction or inability to occupy the premises, tenants and guarantors will remain bound by their lease obligations and, in particular, their liability for the rent.
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