Posted by Jacqui Walton, Paralegal (Senior)
While the government is supporting tenants by preventing them from being forced out of their homes during the pandemic there is no exemption from paying rent. Tenants are reminded that they do not have a right to pay a reduced rent or no rent. They remain under a legal obligation to pay rent in full.
Posted by Katharine Mortimer, Partner
Enterprise Management Incentive (EMI) option holders who have been furloughed by their employers may be facing tax issues, warns our Corporate team.
Posted by Natasha Bowcott, Senior Associate
Commercial landlords: our Real Estate team offers guidance on dealing with tenants in these unprecedented times.
Posted by James Worrall, Partner
The Chartered Governance Institute (“ICSA”) has published guidance for companies on holding virtual board meetings.
Posted by James Sage, Partner
On Thursday 26 March the Government released new guidance on the Coronavirus Job Retention Scheme (CJRS), which provided some useful clarification but unfortunately left some important questions unanswered.
Posted by Ian McEwan, Senior Associate
As a commercial tenant, you’re safe – for now. However, the forfeiture moratorium under the Coronavirus Act 2020 is not a rental holiday. Unless you’ve agreed alternative arrangements with your landlord, your rent still falls due under the terms of the lease.
Posted by David Israel, Partner
The Coronavirus outbreak has caught many employers off guard and in the weeks that have unfolded there have been a few hero employers and unfortunately a few villains. Here, David Israel, Partner and Employment Lawyer speaks to TalkRadio about some of the big questions regarding your employment rights during this difficult time.
Posted by James Sage, Partner
We have been providing extensive advice to care providers on managing the workforce issues arising out of the Coronavirus pandemic. Here are our answers to some FAQs we have received.
Posted by James Worrall, Partner
The Chartered Governance Institute (“ICSA”) has now published further guidance for listed companies on holding valid AGMs in light of the government imposed stay at home measures.
Posted by Andrew Ash, Partner
Co-operation is the name of the game in crisis times. Here’s a story of how businesses and organisations have teamed up to help NHS staff.
Posted by Tony Roberts, Partner
The Government’s Coronavirus Business Interruption Loan Scheme (CBILS) is intended to provide loans, overdrafts, invoice finance and asset finance to smaller business affected by the Coronavirus, but will it go far enough?
Posted by James Worrall, Partner
With City A.M. reporting that dealmaking activity in the UK has unsurprisingly slumped in response to the effects of the global coronavirus outbreak, what does this mean for buyers, sellers and funders currently involved in transactions in the UK?