Woodfines Covid-19 Podcasts #6

In the sixth episode of our Covid-19 podcasts, Suzanna Stephenson discusses the effects of the lockdown and emergency legislation on commercial landlords and tenants and the options for those considering taking a new lease on business premises.

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Commercial contract points on diversifying 

Some businesses are doing all they can to just keep going or they are working to answer the Government’s call for equipment to diversify to try and combat the financial implications of the COVID-19 outbreak. Whether you are now offering free delivery from your restaurant businesses or coffee shops? Offering meals on wheels and care […]

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Dealing with existing contracts: a focus force majeure and frustration of contracts

In running your business you are no doubt entering into contracts whether they be providing customers with your standard terms and conditions, entering into service agreements, contracting with suppliers, entering into agency and distribution agreements or even contracting using industry standard form contracts, such as in the manufacturing and engineering business. No matter what contract […]

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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 […]

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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 […]

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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 […]

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