8 July 2020

The Corporate Insolvency and Governance Act 2020 – what does it mean for businesses?

The long awaited Corporate Insolvency and Governance Act 2020 (“CIGA”) is now in force, having received Royal Assent on 25 June 2020. It introduces certain measures (some of a temporary and some of a permanent nature) to assist businesses in navigating the current landscape. In this note, Naomi Trinh considers the commercial impact of some of its provisions.

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8 July 2020

Corporate Insolvency and Governance Act 2020: Considerations for lenders and borrowers

The widely anticipated Corporate Insolvency and Governance Act 2020 (“CIGA”), having been rushed through Parliament, came into force on 26 June 2020, with certain temporary provisions having retrospective effect (as outlined below). With provisions spanning both commercial and insolvency issues, Banking and Finance Partner, Rowena Marshall, summarises the key insolvency-related points of CIGA and explains their potential impact on lenders and borrowers.

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7 July 2020

Change of business activity? – HMRC guidance

As a result of COVID-19, many businesses have been forced to stop trading during the lockdown or have changed the nature of their activities. Aside from the commercial aspects of a change in business activity, various tax implications may also arise, including the business’ ability to carry forward losses.

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2 July 2020

The Supreme Court dismisses Charles Villiers’ appeal

Family Partner, Simon Blain's comments on the case were quoted in Eprivateclient's article: Supreme Court sides with wife in Villiers divorce battle meaning maintenance order will be granted in England instead of Scotland and Solicitor's Journal.

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1 July 2020

When is a listed building a 'building'?

The recent Supreme Court case of Dill v Secretary of State provides an important decision as to whether a Planning Inspector of a listed building enforcement case can decide whether an item which has been expressly included on the statutory list is in fact a 'building' and the criteria for determining whether an item listed in its own right does constitute a building for these purposes.

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29 June 2020

Logistics – the future is sustainable

The logistics sector could be forgiven for becoming complacent due to the seemingly never-ending demand for prime warehouse space (by way of an example and as reported in the property press, Amazon has already acquired more warehouse space in the UK in 2020 than it did in the entirety of 2019, and is on course to take more than the 5 million sq ft of space it did in 2018).

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24 June 2020

Distributions: At what price?

With the UK economy declining 20.4% in April (a number that is seared into everyone’s brain I fear), but with businesses and companies trying to return to normal economic life and activity, I consider in this piece some matters that companies may be overlooking when making distributions and in their intra-group transactions.

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"Advice given is always well thought through and practical."
The Legal 500, 2020