Category

Litigation & Dispute Resolution

Supreme Court Gives Guidance on Business Interruption Pay-outs for Small Businesses

Supreme Court Gives Guidance on Business Interruption Pay-outs for Small Businesses Key Contact: Hugh Hitchcock The rise of the day brought with it a new lease of life for many small businesses and promises a new prospect of hope for many in a great time of need. On 15 January 2021, the Supreme Court delivered...
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Option Agreements: The Importance of Context and Commercial Common Sense

Option Agreements: The Importance of Context and Commercial Common Sense Author: Abby Stephens Key Contact: Jennifer Butcher The recent case of Fishbourne Developments Ltd v Stephens [2020] EWCA Civ 1704 has highlighted the importance of considering factual context and using commercial common sense when interpreting trigger events in option agreements over development land. Background A written option...
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Growing financial chart

Companies Provided Additional Protection from Insolvency

Companies Provided Additional Protection from Insolvency Key Contact: Hugh Hitchcock Author: Joe Smith The measures introduced by the Corporate Insolvency and Governance Act 2020 (“CIGA 2020”) aimed to protect businesses from the financial strain of COVID-19 by introducing a range of different measures. Some of the temporary measures in focus in this note, which are...
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Construction workers on a building implementing cladding

The Building Safety Fund: 31 December 2020 Deadline

The Building Safety Fund: 31 December 2020 Deadline Key Contact: Jennifer Butcher Author: Abby Stephens In the March 2020 budget, chancellor Rishi Sunak announced that the UK government would provide £1 billion in 2020-2021 to support the remediation of unsafe non-ACM (aluminium composite material) cladding systems on residential buildings 18 metres and over in both...
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Rental agreement with line for tenant signature

Further Extensions to the Protections from Forfeiture for Non-Payment of Rent and Recovery of Rent by CRAR for Business Tenancies

Further Extensions to the Protections from Forfeiture for Non-Payment of Rent and Recovery of Rent by CRAR for Business Tenancies Key Contact: Jennifer Butcher Author: Abby Stephens On 9 December 2020, Communities Secretary Robert Jenrick announced that business owners affected by the COVID-19 pandemic will be protected from eviction until the end of March 2021....
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Business contract with glasses

Force Majeure and Frustration: The Impact of Covid-19

Force Majeure and Frustration: The Impact of Covid-19 Key Contact: Jared Ursell Author: Joe Smith The impact of Covid-19 has had a significant impact not only on businesses themselves, but their ability to perform certain contracts, especially as different lockdown regimes have been introduced across different parts of the UK. Disputes can arise as a result; for...
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Scaffolding on residential building

Alexander Devine Children’s Cancer Trust v Housing Solutions Ltd

Supreme Court Judgement: Alexander Devine Children’s Cancer Trust v Housing Solutions Ltd [2020] UKSC 45 s.84 Law of Property Act 1925, arguing ‘public interest’ and a warning to Developers to discharge or modify restrictive covenants prior to commencing development work. Key Contact: Jennifer Butcher Author: Abby Stephens On 6th November 2020, the Supreme Court handed...
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TKC London v Allianz Insurance Policy

TKC London v Allianz Insurance Policy Key Contact: Hugh Hitchcock In our recent article, we looked at the FCA test case brought in the High Court, which resoundingly found in favour of policyholders, particularly when looking at disease clauses in Business Interruption (BI) insurance policies. On the 15th October 2020, the High Court delivered a...
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The New ICC Arbitration Rules for 2021: Key Points to Note

The New ICC Arbitration Rules for 2021: Key Points to Note Key Contact: Jon Stroud Author: Joe Smith Background The International Chamber of Commerce (“ICC”) have released the draft of the 2021 Arbitration Rules (“the 2021 Rules”) due to be formally released in December 2020. The 2021 Rules will come into force on 1 January...
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LEGAL UPDATE: Corporate Insolvency and Governance Act 2020 – Times Extended

LEGAL UPDATE – Corporate Insolvency and Governance Act 2020 – Times Extended Key contact: Hugh Hitchcock Authors: Hannah Jones & Michael Hinder HMG yesterday (24.9.20) brought into force a new statutory instrument to extend the operation of several COVID-19 related restrictions and measures that were enacted in the Corporate Insolvency and Governance Act 2020. A...
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