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Author Archives: Alice Heathfield
Bank Fraud: Safeguards and Solutions (part three)
Given the current circumstances, authorities are warning that everyone should take particular care against frauds relating to Covid-19. In parts one and two of this series we looked at what mechanisms the banks should have in place to protect their …
Posted in Shorter Reads
Tagged bank fraud, banks, fraud
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Court rejects Covid-19 related arguments to restrain winding up petitions
The High Court has dismissed applications to restrain the presentation of winding up petitions for reasons relating to the Covid-19 pandemic. In the case of Shorts Gardens LLP v London Borough of Camden Council [2020] EWHC 1001 (Ch) (27 April …
Posted in Longer Reads
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Coronavirus: Top tips for ensuring a safe workplace post-lockdown
The Prime Minister recently confirmed that we are past the peak of the Covid-19 pandemic in the UK. The government is now considering how to relax the current lockdown restrictions in an effort to restore economic activity and allow people …
Posted in Shorter Reads
Tagged CoronaVirus, covid19, health and safety, lockdown, lockdown restrictions, safe working environment
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Manor renewable energy limited
We acted for the buyer of Manor Renewable Energy Limited (MRE). MRE is a cutting edge company specialising in temporary engineering solutions for the offshore industry. The deal was backed by a consortium of domestic and international private equity, and …
Posted in Case Study
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FCA extends deadline for ceasing to issue new loans based on LIBOR – what does this mean for lenders and borrowers?
In the wake of the coronavirus pandemic, the FCA has decided to extend its deadline for ceasing to issue new loans based on LIBOR until the end of Q1 2021. Banking & financial disputes Partner, Janine Alexander, comments on the …
Posted in News
Tagged covid19, LIBOR, libor transition
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Coronavirus: The relaxing of competition law in the new normal
As governments worldwide steer their respective countries and citizens through an unprecedented time in modern day history, measures are being swiftly implemented by competition regulators to lessen the financial impact of COVID-19 on consumers. Competition laws are in place to …
Posted in Longer Reads
Tagged competition & markets authority, competition law, CoronaVirus, covid19
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Grievances and Disciplinary Meetings during Lockdown – Proceed or Postpone?
Employers have had to respond to the unique challenges faced by the Covid-19 pandemic, adjusting to the current lockdown by making most employees work remotely from home. This poses potential challenges in running disciplinary, performance and grievance procedures with the …
Posted in Shorter Reads
Tagged CoronaVirus, COVID-19, disciplinaries, grievances, lockdown
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How is the Aviation industry managing with COVID-19?
Markets around the world are in treacherous and uncharted waters (US oil benchmark goes negative?!) and the aviation sector looks to be in just about as bad a shape as any. The word ‘unprecedented’ may be in danger of becoming …
Posted in Longer Reads
Tagged airlines, aviation, CoronaVirus, COVID-19
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Coronavirus: Furlough Leave – Updated Government Guidance
The HMRC online portal is now open for applications from businesses to claim 80% of the wages of furloughed employees up to £2,500 per month per employee. More than 140,000 businesses applied using the portal for over 1.3 million employees …
Posted in Longer Reads
Tagged furlough, furlough leave, HMRC
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Good faith’s relationship with the relational contract – new guidance
What is a relational contract? A relational contract in this context is one that has implied good faith obligations. The concept of and conditions for generally implying terms into a contract (other than by legislation) is firmly cemented in English …
Posted in Longer Reads
Tagged contracts, High Court, relational contract
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