Tag Archives: CoronaVirus

Coronavirus – Frustration and Force Majeure in Commercial Contracts

Posted on March 20, 2020 by Alice Heathfield

The below practical steps, explained in more detail below, should be taken by businesses in these unprecedented times: Review the terms of any applicable force majeure (or hardship) clauses in commercial contracts closely and consider whether they apply to the …

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Coronavirus school closures – Should you consider Parental Leave?

Posted on March 19, 2020 by Christopher Wilsher

The government has announced that from Friday 20 March 2020 all schools, colleges and nurseries in the UK will be shut indefinitely (except for a skeleton attendance of vulnerable children and children of keyworkers). Working from home may no longer …

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Coronavirus: six alternatives to making redundancies

Posted on March 18, 2020 by Christopher Wilsher

Whilst redundancies will reduce staff costs in the medium term, they involve significant up-front costs and deprive employers of valuable talent – leaving them less able to take advantage of more favourable market conditions when the Coronavirus outbreak eases. Our …

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Coronavirus delays IR35 until 2021

Posted on March 18, 2020 by Christopher Wilsher

Last month the Treasury confirmed changes would be made to the off-payroll working rules, IR35, which will see every medium and large private sector business in the UK become responsible for setting the tax status of their contract workers, as …

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Coronavirus and Loan Agreements: A Material Adverse Change?

Posted on March 16, 2020 by Christopher Wilsher

With the current extreme volatility in world markets and commentators predicting worsening economic and financial conditions worldwide, lenders exposed to industries particularly affected by the COVID-19 outbreak may consider invoking Material Adverse Change (MAC) provisions in loan agreements to demand …

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Coronavirus (COVID-19) – Guidance for employers

Posted on March 13, 2020 by Christopher Wilsher

As the Coronavirus (COVID-19) pandemic continues, and the UK moves from the containment to the delay stage, employers are presented with several challenges affecting individuals and business operations. The primary duty of an employer in these circumstances is to safeguard the health …

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Coronavirus: What should employers do in the event of a pandemic?

Posted on February 27, 2020 by Christopher Wilsher

With the news that several firms in London are taking precautionary measures against the new COVID-19 by asking staff to work from home, employers should be thinking proactively about best practice in the event of a pandemic and the steps …

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