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Author Archives: Alice Heathfield
What the FCA’s business interruption case means for your business
In June 2020, the Financial Conduct Authority initiated a claim against eight defendant insurers, seeking to answer the question of whether business interruption losses caused by the Covid-19 pandemic are covered under certain insurance policies. The regulator adopted an impressive …
Posted in Longer Reads
Tagged Business interruption insurance, COVID-19, insurance, small businesses
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End of Furlough – what happens next?
The Job Support Scheme The Job Support Scheme starts on 1 November 2020, immediately after the furlough scheme ends. The government will step in to partially top up pay for workers who are not needed to work their full contracted …
Posted in Shorter Reads
Tagged covid19, furlough, lockdown, pandemic
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Government delivers further blow to landlords in further restricting winding-up petitions
The government has confirmed that restrictions on commercial landlords on presenting a winding-up petition against tenants that have not paid rent are to be extended to the end of 2020. The announcement follows confirmation last week that it has extended …
Posted in Shorter Reads
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Competing LIBOR Transition Proposals Create More Problems
As the Dec. 31, 2021, end date for Libor approaches, it is becoming increasingly apparent that it will not be possible for market participants to amend all legacy contracts to add Libor fallback provisions or replace or ameliorate problematic fallback …
Posted in Shorter Reads
Tagged LIBOR, libor transition
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CORONAVIRUS UPDATE: Working From Home (again)
According to the Office of National Statistics, on 13 September, the number of people travelling into the workplace was more than triple those working from home (62% and 20% respectively). Before August the number of people travelling to work and …
Posted in Longer Reads
Tagged lockdown, remote working, working from home
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Collyer Bristow ranked as Top Law Firm by EPrivate Client
We are delighted to announce that Collyer Bristow has been ranked as a leading law firm in EPrivate Client’s 2020 listing, published today. This annual publication contains a detailed ranking of the best private client legal teams working in the …
Posted in News
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Commercial Court provides guidance on ISDA swap claim for negative declaratory relief
On 11 September 2020, Mrs Justice Cockerill handed down an important judgment ([2020] EWHC 2436 (Comm)) providing guidance on the Courts’ approach to a claim for declaratory relief (including negative declarations) in relation to an interest rate swap subject to …
Posted in Longer Reads
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New LCIA Arbitration Rules: In force on 1 October 2020
(1) Case Management Powers Enabling Expedition The 2014 version of the LCIA Arbitration Rules made clear that the tribunal has “the widest discretion to discharge [its] general duties” and that “the Arbitral Tribunal may, subject to the LCIA Rules, make …
Posted in Longer Reads
Tagged arbitration, LCIA
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Agency Workers Regulations: Is your business compliant?
The government has recently introduced changes to the regime affecting the rights and entitlements of agency workers which have significant implications for those businesses who employ agency workers. The government commissioned The Taylor Review of Modern Working Practices with the …
Posted in Longer Reads
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UK Sanctions – the start of a new era
UK Sanctions Post-Transition Period After the Brexit transition period (which ends at 11pm on 31 December 2020), EU sanctions will no longer apply in the UK. The UK’s various sanctions regimes will come into force in their place under the …
Posted in Longer Reads
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