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As we reported in earlier blogs, part of the package of measures implemented by the government in efforts to protect companies from creditor enforcement, was to impose a prohibition on the presentation of winding up petitions and the making of winding up...
On 16 June 2021, the government announced that the restrictions on commercial forfeiture for unpaid rent arrears has been extended until 25 March 2022. The restrictions, which have been in place since 26 March 2020, were due to be lifted on 30 June 2021....
In May 2021, the government announced that the eviction ban then in place until 31 May 2021, will not be extended further. The news was a relief for many landlords who obtained an order for possession prior to the pandemic and since the stay of...
As expected, the government has further extended the temporary protections given to companies by the Corporate Insolvency & Governance Act 2020, by extending the moratorium on serving statutory demands and presenting winding up petitions to 30 June...
On 1st June 2020, The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 came into force. The regulations require landlords to have the fixed electrical installations in their properties inspected and tested by a person who...
It is common for businesses to offer shares to senior employees. Gifting shares to employees can be a reward for senior employees who are integral to the success of the business. Clearly businesses who incentivise staff in this manner are more...
The measures put in place by the government earlier this year to protect businesses against the threat of insolvency and those protecting directors against wrongful trading claims by a liquidator have been extended to 31 December 2020, to give companies...
Since the start of lockdown, the government has made various changes to existing legislation and enacted new legislation to deal with the effects of the coronavirus on tenants, with a view to keeping a roof over the heads of those in rented property. If...
The suspension to possession proceedings in England & Wales is due to be lifted on 20 September 2020. For landlords that are waiting for proceedings to resume, or landlords that wish to begin the eviction process, there are now new rules and procedures...
On 15 May 2020, the Financial Conduct Authority (FCA) announced that it would bring a test case against eight insurance companies aimed at resolving contractual uncertainty around the validity of claims made by business owners with business interruption...
