Are you feeling Covid-secure?
We heard the PM’s speech on Sunday night and the daily briefing on Monday but what is the current guidance for a gradual return to the work place? Below are the guidelines released on the 11th May referring to 8 work place types and what employers should seek to do to achieve what is being […]
Diversification in response to COVID-19: Are your new contracts valid?
The outbreak of COVID-19 has created and continues to create extreme levels of uncertainty for businesses and as a result some business owners have had no option but to diversify. Examples of this in the current climate include car manufacturers producing ventilators and fashion brands such as Ralph Lauren manufacturing medical clothing. Changing business focus […]
Arguably the subjects of these briefings all focus on business continuity. Many businesses are going through a period of uncertainty creating a necessity to review and update their policies. All businesses are having to make decisions at short notice and inevitably on a somewhat improvised basis. Although we do not consider that any business could […]
Covid-19 – The impact on Mergers & Acquisitions
Given the uncertainty as a result of the Covid-19 pandemic the impact on M&A deals which are currently underway could be wide ranging. Volatile markets will undoubtedly lead to parties considering whether this is the right time to acquire/dispose of businesses. In particular, commercial and financial challenges are likely to create scepticism and tentative approaches […]
How does Coronavirus impact borrowing arrangements?
COVID-19 is forcing businesses to fundamentally alter the way they do business in an unprecedented manner. Consequently businesses ability to meet contractual obligations and particularly obligations in relation to their finance arrangements should be a key risk management area for borrowers as we navigate through the COVID-19 crisis in the coming months. It is now […]
COVID-19 – Options Available For Businesses
In response to the disruption caused by COVID-19 the Chancellor has set out a number of measures to support businesses. We touch upon some of the measures being implemented and outline the requirements which businesses must meet to access such measures. 1. Coronavirus Job Retention Scheme This scheme is intended to prevent redundancies by giving […]