What does step 4 mean for hospitality?

With the Government announcing the removal of all remaining restrictions on hospitality, businesses that haven’t been able to open since March 2020, as well as businesses that have suffered from restrictions when opening, will be able to throw off the shackles . . . at least in theory. However, as with all things to do with the pandemic, the devil is in the detail and there are caveats attached.

Related briefings

Supreme Court gives clarity on liquidated damages clause

In Triple Point Technology, Inc v PTT Public Company Ltd [2021] UKSC 29 (16 July 2021), the Supreme Court overturned the Court of Appeal to hold that liquidated damages for delay accrue from the due date for performance to the date the contract is terminated.

Beyond level 0 for Scotland hospitality businesses

Hospitality businesses react to First Minister’s announcement confirming 9 August 2021 end of “most” restrictions – is it a step back to life and a reality beyond Covid?

Latest Briefings

“Fire Safety Form” requirements now in force

Following Dame Judith Hackitt’s review into the Grenfell Tower disaster, the so-called “Planning Gateway One” is now in force. This is one of three gateways, or checks and balances, to regulate the life of a higher-risk building.

Asia Pacific impact lawyers online gathering

Moderated by the newly elected chair of esela APAC Impact Lawyers, Steven Moe of Parry Field Lawyers, this event considers the question “What does it mean to be an Impact Lawyer in Asia Pacific?”

The impact of COVID-19 on Cayman Islands restructurings

The long-term global impact of the COVID-19 pandemic will be far-reaching. It has already led to a significant drop in economic activity across the world, with certain industries, such as aviation, retail, hospitality and tourism, being particularly affected.

Cayman update: separate liquidation committees for segregated portfolios of SPCs

On 19 April 2021, Chief Justice Smellie QC held in In the Matter of Premier Assurance Group SPC Ltd. (in Official Liquidation) that the court has the power under Order 9, rule 1(1) of the Companies Winding Up Rules, 2018 to order the establishment of separate liquidation committees in respect of a segregated portfolio company (SPC) and each of its segregated portfolios.

Update to Listing Rules on The International Stock Exchange

The International Stock Exchange has announced a number of improvements to its Listing Rules and Fees that have just taken effect, designed to bring the exchange into alignment with international practice, add further flexibility to its offering, and to streamline processes from a client perspective.

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