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Business interruption (BI) insurance policies protect businesses where a particular prescribed event causes loss. As the impact of the government imposed restrictions in response to the COVID-19 pandemic took effect, many UK businesses turned to their...
Jonathan Cole , Senior Associate in our Dispute Resolution team, writes for Startups Magazine outlining five key steps you need to take to obtain effective business insurance. “For a startup business, being able to rely on an effective and...
The High Court has recently held that a large number of businesses who hold business interruption insurance policies and who were forced to close as a result of the pandemic are entitled to compensation by their insurers. Whilst this is an important...
According to figures released this week by HM Treasury, a total of 816 applications have been made under the government’s Future Fund scheme which opened for applications on 20th May 2020. Under the Future Fund scheme, government funding is...
The Black Lives Matter movement, which has been illuminating and thought-provoking, has led to the resurgence of a former parliamentary petition to introduce mandatory ethnicity pay gap reporting – to shine a light on race/ethnicity based inequality in...
Enterprise Management Incentive (“EMI”) share option schemes have always been popular with employers and employees as a tax-efficient way for employees to share in the growth in value of the company for which they work. They are becoming...
On 25 June 2020, the long awaited Corporate Insolvency and Governance Act 2020 (the Act) received royal assent and came into force on 26 June 2020. In the few months prior to its inception, the Act has been adapted to support businesses suffering from...
Contractual performance is under the spotlight as the new coronavirus, known as COVID-19, sweeps across the globe. As a result many businesses are considering what happens if they or another business are unable to meet their contractual obligations. For...
When a company is solvent and business is good, the company and its directors owe fairly limited duties to creditors (save, of course, for contractual obligations). Directors must act in the best interests of the company at all times and must promote...
The UK Government has created a package of support to help employers and businesses. Our summary of the main elements is now available to download . Our summary was last updated on 25 March 2020....
Many of us are already experiencing severe challenges and almost all of us are likely to do so in the coming days and weeks ahead due to the uncertainty created by the coronavirus (COVID-19). So, what should you be doing now to be prudent and to...
This article first appeared in UK Tech News . Wearable technology is now common in the workplace, including employer-provided fitness trackers which can monitor employees’ health and activity levels. It seems that the next step, microchipping...
