A recent Sheriff Court judgment is the latest decision to consider the role and remit of the court reporter in a liquidation which, unusually, involved the court appointing two reporters. In Scotland, the Insolvency (Scotland) (Receivership and Winding Up) Rules 2018 provide that where there is no creditors committee, the remuneration of a liquidator shall […]
The Upper Tribunal has allowed a variation to a lease that restricted the use of a property to office use (with minor residential use) so that the tenant could implement a planning permission to convert the property into a private members’ club. Background A user clause in a lease is a restrictive covenant. If the […]
From 6 April 2020 significant changes will be made to the deadline for paying capital gains tax (CGT) and filing tax returns in respect of disposals by individuals and trusts of UK residential property. Taxpayers and advisers need to be aware of these changes now. UK property disposals prior to 6 April 2020 Previously, UK […]
When considering how to use the coronavirus job retention scheme (CJRS), employers may be wondering what this means for pension contributions and auto-enrolment obligations. This update considers some of the issues. How the CJRS works To access the CJRS an employer will need to designate affected employees as furloughed workers, notify the employees of this […]
The Competition and Markets Authority (CMA) has published helpful guidance on how it will apply competition law in light of COVID-19. Meanwhile, the government has taken the unprecedented step of relaxing competition law in certain sectors. In the round, these developments offer welcome guidance and comfort – but they also serve as a timely reminder […]
David Hardstaff and Ami Amin discuss an in-depth report on policy developments in the UK by the Conservative Drug Policy Reform Group (the CDPRG) In Part A: why is it still so hard for patients to access the drugs they need? On 23 April 2020, the Conservative Drug Policy Reform Group (CDPRG) published Part A […]
The dynamics of a previously high performing team will shift in response to the recent working from home directive. As leaders we need to understand the factors that will impact even the most resilient and high performing colleagues. It’s likely that high-performing employees may experience varying levels of performance and engagement when they begin working […]
As the global leader in alternative investment funds and one of the most innovative financial centres in the world, it is unsurprising that the Cayman Islands has quickly become a popular destination for cryptocurrency vehicles and initial coin offerings (ICOs).
The UK Government announced on 23 June 2020 that it intends to introduce new legislation to give the UK Financial Conduct Authority (FCA) enhanced powers in circumstances where (i) LIBOR ceases to be representative of the market and (ii) its representativeness cannot and will not be restored. This is intended to solve the problem of “tough legacy” contracts by giving the FCA the power to protect consumers and market integrity in relation to those contracts (which the FCA envisage will be a “narrow band”).
In this article, we discuss some of the key areas of focus that business owners and managers should prioritise when undertaking an early assessment of business operations to ensure that productive functions are reflective of a new operating environment. This is especially important where Coronavirus (COVID-19) has led to a significant change in the business model.
Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.Find out more
BLM has entered redundancy negotiations as it seeks to stave off the financial threat posed by the Covid-19 crisis. Employees in the costs and business development and marketing teams are set to leave the firm, with approximately 20 roles being made redundant. So far, a total of 170 members of staff have been furloughed at […]
It’s now or never for Freshfields’ tech dream Opening a new office in the southern reaches of the US may seem like a bold move given the present circumstances, but that’s exactly what Freshfields did this week with the launch of a Silicon Valley venture. They’ll have to wait a bit for the official welcome […]
Eversheds Sutherland will gradually reopen its UK offices from next week, as it plots a long-term strategy after a survey revealed more than 80 per cent of its staff don’t want to go back full-time to the office. From next Monday, a limited number of people will be able to access UK premises on a […]
DWF is pairing up final-seat trainees with partners who qualified during the last recession in an effort to help them navigate the tough jobs market. The firm has 37 trainees reaching qualification this autumn; however, it has published only 25 job vacancies within the firm, meaning some will have no choice but to leave. Partners […]
All the latest developments on what firms are doing in response to the coronavirus spread. Contact firstname.lastname@example.org if you have further updates.
HFW has taken the decision to defer its September trainee intake by over six months. The move affects trainees who were due to start their training contracts at the firm in September 2020. The intake have been told they will not be able to start their training contracts until April 2021. They will receive a […]