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Adjudication and insolvency – has the landscape just shifted?

Author headshot imagePosted by , Associate

In a recent decision (Bresco Services Limited v Michael J Lonsdale [2020] UKSC 25) the Supreme Court has held that an insolvent company retains the right to refer a dispute to adjudication, and only in ‘very exceptional circumstances’ should the court restrain the exercise of that right.

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Potential liabilities of directors in insolvency situations: a cautionary reminder

Author headshot imagePosted by , Solicitor
Contributing authors: Bharti Moore

Directors liability

With the recently announced Corporate Governance and Insolvency Bill introducing a temporary suspension of wrongful trading actions, our Corporate team outline other potential claims that may be brought against directors of an insolvent company.

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Struggling with business interruption insurance? This may be the solution you’re looking for

Author headshot imagePosted by , Senior Associate

Closed store front retail

Many businesses are being denied business interruption insurance payments, but are there any other avenues that could be investigated? Could the best place to start actually be how, or where you bought the insurance in the first place?

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Private equity and Covid-19: the drive towards recovery

Author headshot imagePosted by , Partner

There has been a lot for private equity (PE) funders to deal with in the wake of the Covid-19 pandemic. Understandably short-term focus has been on supporting existing portfolio companies, but the expertise and resilience of PE funders (and their advisers) combined with a strong appetite to do deals means that PE-backed buy-outs and bolt-on acquisitions are likely to have a central role in the drive towards recovery.

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Flexible Furlough – what you need to know about the updated Coronavirus Job Retention Scheme

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John Nevin from our Employment team explains what has changed with the Coronavirus Job Retention Scheme (CJRS) and gives some practical guidance for employers to consider.

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Returning to work in the coronavirus world: Part 2 – Staff

Author headshot imagePosted by , Partner

Returning to work in the coronavirus world

In this second part of our return to work series, we examine some of the issues which employers may experience in asking people to return to work and risks of which they need to be aware.

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Royds Withy King advises Fidelius on simultaneous M&A transactions

Author headshot imagePosted by , Partner

Royds Withy King have advised long time client, £1.5bn asset under management wealth management group Fidelius Financial Holdings on a complex deal leading to the creation of a powerful new strategic partnership with Pacific Asset Management (PAM), the core asset management business of Sir John Beckwith’s Pacific Investments.

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How the construction industry can plot a road to recovery: Restart, Reset and Reinvent

Author headshot imagePosted by , Partner
Contributing authors: Elizabeth Painter

The UK construction industry has shown its metal in a time of crisis over the last few months by pulling together and working cohesively to achieve common goals.

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Protecting healthcare from the legal ramifications of Covid-19

Author headshot imagePosted by , Partner

The Coronavirus has challenged us like nothing before and the operational strain is more than anyone should have to bear. Unfortunately, the legal reverberations from this pandemic could go on for some time, even after we have controlled the spread of the virus.

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Key dates for care providers using the furlough scheme

Author headshot imagePosted by , Partner

Key dates for care providers

With approximately 8.4m jobs furloughed, roughly ¼ of the total jobs in the UK, and 1m employers furloughing, costing the Government £15bn, it was inevitable that some changes would have to be made to the furlough scheme. However, the announcements are less draconian than many had feared.

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Don’t miss the June 10 deadline for furlough swapping benefit

Author headshot imagePosted by , Solicitor

The furlough scheme has been extended until the end of October but, in its current form, will end on 30 June, after which no new employees will be accepted.

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Four predictions for the the fate of M&A in the Covid-19 era

Author headshot imagePosted by , Partner

Business predictions

The immediate impact of Covid-19 on UK M&A manifested in April, with the month seeing the lowest level of activity since September 1985. Yet, even amidst uncertainty, it would be unwise to give up on M&A in 2020. Partner James Worrall puts forward his predictions for the markets.

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