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Related news & insights
Insights / Chapter 15 - England and Wales
16-06-2020 / Insurance
The UK insurance and reinsurance industry is the largest in Europe and the fourth-largest in the world.
News / Steps to minimise your estate being the subject of a dispute
Covid-19 has forced us all to consider scenarios that were previously unthinkable. As we are having to spend an extended period of time in isolation, in accordance with Government guidance, we have the time to start considering the matters which we often avoid talking about and dealing with, particularly lifetime and estate planning.
Insights / Tenant alterations - A word of warning from the supreme court
14-05-2020 / Real Estate
The very recent Supreme Court case of Duval v 11-13 Randolph Crescent Ltd  UKSC 18, provides a stark reminder to landlords and tenants to carefully review the terms of the lease when a request for consent to make alterations is made by a tenant.
News / COVID-19: Getting ready for sale during the pandemic
The pandemic will undoubtedly brew uncertainty in M&A transactions. Many potential sellers who had hoped to sell their business will be reconsidering whether this is the right time. Likewise buyers, may find funding difficult and question whether such an investment is wise during this time. In either scenario, the negotiation process is likely to be drawn out. In order to therefore maintain the momentum of the sale process, prospective sellers should utilise this time to get their ‘house in order’. This will allow sellers to package the business to be sold so that it can continue to operate on a day-to-day basis, but also give them flexibility to move to a sale process at short notice at the optimal time.
News / Q&A: Commercial rents and the Coronavirus Act 2020
01-05-2020 / Real Estate
Prior to Covid-19, the high street was already going through a fairly tough time and so the arrival of the global pandemic is nothing short of catastrophic. Commercial tenants are understandably seeking ways in which to survive these times; which inevitably leads to discussions with landlords in respect of the rents payable under the lease. We consider some of the common questions asked by clients in this respect.
News / What happens if you can’t perform your contract as a result of Covid-19; Force majeure and doctrine of frustration in the context of Covid-19
Whilst the health and wellbeing of society as a whole is at the forefront of everyone’s minds, business owners are likely to have additional concerns in circumstances where it is difficult, or in some cases impossible, to perform contracts entered into prior to the Covid-19 pandemic. Those businesses who are unable to perform their obligations under the contract, will need to review the terms of the contract itself to see if they are able to avoid or mitigate a liability which could otherwise amount to a breach of contract.