Extraordinary times mean changes to how transactions are done are inevitable.
This article looks at the appointment of alternate directors as a strategy to help manage some of the practical issues arising from COVID-19 measures. It also looks at the use of delegation tools to ensure the smooth conduct of business.
The COVID-19 pandemic and associated restrictions place unprecedented difficulties on Isle of Man registered charities holding their Annual General Meeting (AGM). Due to the recent implementation of measures regarding social distancing, isolation and restrictions on travel and movement, the logistics of a charity holding an AGM in the usual manner is not possible. The Isle of Man Attorney General has issued some guidance to assist Manx charities over the coming months.
The Minister for Economic Development, Tourism, Sport and Culture has published Guidance relating, principally, to rent and other payments to be followed by Landlords and Tenants of Commercial Property during the COVID-19 Period. The Guidance applies to any lease, tenancy, or other agreement which provides for the occupation of commercial property.
As part of a raft of new legislation to address the far-reaching impact on society of the Covid-19 outbreak, the States of Jersey have enacted the COVID-19 (Residential Tenancy) (Temporary Amendment of Law) (Jersey) Regulations 2020. The Regulations, which apply to all residential tenancies, came into force on 10 April 2020 and the measures introduced […]
On 15 September 2020, the government announced further measures to protect commercial tenants from recovery action by restricting the ability of landlords to recover unpaid rent by utilising the Commercial Rent Arrears Recovery process (“CRAR”).
It is an old saying and sometimes overused, but now more than ever ‘cash really is king’.
The pandemic has challenged a lot of the ways we do things, and large scale on-site catering has been subject to more change than most. For some, this has meant the logistical challenge of delivering meals to residents at a distance from a central kitchen, and alongside the physical distribution, this has brought about the need to procure packaging for hot meals.
One of the consequences of the slowdown in fundraising caused by the recent pandemic seems to have been an increase in the use of Separately Managed Accounts as investment vehicles.
Onboarding can play a significant role in determining how an employee performs in their role, but by necessity, many jobs in 2020 are being performed from home.
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Asia MP Georgia Dawson has claimed victory in Freshfields Bruckhaus Deringer’s leadership elections, making her the first woman to lead the firm.
Goodwin Procter has raided Sidley Austin by bringing in a five-strong team from its private equity group, including Christian Iwasko and Erik Dahl, months after the duo left its US rival. The hire comes after the duo resigned from Sidley Austin at the end of June, having moved over to the firm in 2016 from […]
Ashurst and CMS have acted on Landsec’s £78m sale of 7 Soho Square to Hines. Covering 62,000 sq ft and the HQ of travel platform TripAdvisor, 7 Soho Square in London’s West End is one of only a handful of properties to have been put up for sale since lockdown began in March. Ashurst advised […]
The award for City firm of the year, sponsored by Travelers, pits innovation-hungry players against expansive challengers. In an ever-competitive world, London-based law firms are using technology, real estate investment and lateral hiring opportunities to stand out. One of the City’s largest law firm offerings – in terms of headcount and revenue – Reed Smith […]
Linklaters has reviewed the salaries of its lawyers after a delay caused by the onset of the pandemic. Back in April, the firm had postponed the review by about six months, and has now been able to resume the process. The decision comes as the magic circle firm has recently been easing some of the […]
Brabners’ employees have had their full pay restored, while partners’ drawings have also returned to 100 per cent. In April, the firm implemented measures to ensure its financial stability through the pandemic, including reducing the salaries of employees earning at least £25,000 a year by 20 per cent. Partners drawings were also reduced by 20 […]