Covid-19 and the Commercial Property Sector
Covid-19 and the Commercial Property Sector
When the morarorium on the forfeiture of leases ends, a landlord will be able to claim for forfeiture for both payments that became due during the moratorium period, and for any becoming due but unpaid after it ends.
Returning to Work from Furlough
Returning to Work from Furlough
As furlough is phased out, can an Employee refuse to return to work? Can an Employer force an Employee to return. Comment from a solicitor
Insolvencies in the Hospitality Sector – Is Covid-19 an Existential Threat?
Insolvencies in the Hospitality Sector – Is Covid-19 an Existential Threat?
Up to 20% of hospitality businesses in the Bournemouth area could close, with recovery taking up to 3 years. Our Insolvency Practitioners report.
Light Touch Administrations. What are they and how will they work?
Light Touch Administrations. What are they and how will they work?
Our Insolvency Practitioners Point Out That the ICAEW has Some Concerns About Light Touch Administrations
The Travel Industry and the Effects of Covid-19
The Travel Industry and the Effects of Covid-19
Our Insolvency Practitioners report that urgent support is needed from the Government to avoid significant numbers of insolvencies in the industry
Charities during the Coronavirus – is the Government’s help enough?
Charities during the Coronavirus – is the Government’s help enough?
The Government’s £750 million Support Package for Charities. Is it Enough to Avoid Many Insolvencies? Our insolvency practitioners comment
Speed is Vital With CBILS Applications
Speed is vital with CBILS applications
Struggling with a CBILS Application? Speed is of the essence. Why not try your Accountant or a Specialist Provider to manage your application?
Temporary Suspension of Wrongful Trading Provisions
Temporary Suspension of Wrongful Trading Provisions
Our insolvency practitioners advise directors to remember that all the other regulations that exist to ensure directors fulfil their duties remain in place
The Coronavirus Business Interruption Loan Scheme (CBILS). Is Security Required?
The Coronavirus Business Interruption Loan Scheme (CBILS). Is Security Required?
The answer, in most cases, appears to be yes. At the very least, it appears that lenders have discretion over the security they require. This can lead to problems at insolvency especially if the security required is a personal guarantee.
Urgent Alert – Update on Entrepreneurs’ Relief
Tax Break for Entrepreneurs’ Reduced by 90% – Will it Survive Another Budget?
This reduction of 90% for the lifetime limit is a solemn hint that Entrepreneurs’ Relief is unlikely to survive another budget, so our advice is to act now and take advantage of what is left.
