Insights: Coronavirus (COVID-19)

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Covid-19 – Landlord remedies: What now?

Rachael Studman |

Seven months into the Coronavirus pandemic, it is almost certainly safe to say that both landlords and tenants have become well acquainted with the restrictions aimed at protecting tenants struggling to pay their rent. The legislation which was hurriedly introduced following lockdown has left landlords with their hands metaphorically tied, taking away the array of […]

Kids, COVID and Quarantine – QUELLE HORREUR!

Teresa Cullen, Ronnie Mortimer |

Just when you thought that the rules for returning travellers to the UK were about to ease, it was announced at 11pm last night that France, Malta, Monaco, the Netherlands, Aruba and the Turks and Caicos Islands will be removed from the ‘Travel Corridor’ from 4am on 15 August 2020. Anyone travelling from these countries […]

Stakeholder Capitalism – Will it become the “New New Normal”?

Amy Collins |

Stakeholder Capitalism is not new:  but is this management theory (popular in the 1950s and 1960s) poised to make a comeback as the world seeks to recover from the Covid-19 crisis? What is Stakeholder Capitalism? Investopedia refers to it as “a system in which corporations are oriented to serve the interests of all their stakeholders. […]

COVID 19 & Employee Share Schemes: The Good, The Bad and The Ugly

Gemma Grunewald, Helen Cox |

The Good? With the economic impact of COVID-19 likely to be felt for many months (and perhaps years) to come, companies may look to alternative methods of remuneration as a way to incentivise key members of staff.  Share schemes offer an efficient way of rewarding employees without companies having to make cash payments, and with […]

Unopposed Lease Renewals in a Covid Market

Kirsty Smith |

Landlord and Tenant Act 1954 (“the Act”) A tenant under a business lease will have a statutory right to a lease renewal (provided that certain qualifying criteria are met and the lease has not been contracted out of the Act). A tenant who wants to terminate its current lease and put forward proposals for a […]

Covid-19 and interim rent

Armel Elaudais |

While the full impact of the Covid-19 crisis on commercial rental levels is not yet known, landlords and tenants may be able to capitalise on the market fluctuations caused by the pandemic by making use of the interim rent mechanism under the Landlord & Tenant Act 1954 (the Act). In broad terms, interim rent is […]

The Code for Covid

Gavin Whitney |

Over the past few years, there has been a desire in Government to encourage the property industry to regulate itself under the veiled threat that it would legislate if this was not done.  In response, RICS have introduced a number of different codes and the most recent are the 2007 ‘Code for Leasing Business Premises’ […]

COVID-19: UK Government to issue fresh indemnities to manufacturers of ventilators

Tim Wright |

In March 2020, as part of the Cabinet Office-led Ventilator Challenge, the Medicines and Healthcare products Regulatory Agency (MHRA) published a specification[1] for a “Rapidly Manufactured Ventilator System” setting out the clinical requirements for a ‘minimally acceptable’ ventilator for use in hospitals during the COVID-19 outbreak (the RMVS Specification). The RMVS Specification is designed to enable […]

Coronavirus Job Retention Scheme: the introduction of flexible furlough

Mike Tremeer, Ingrid Hesselbo |

On 12 June 2020, the government published new and updated guidance on its Coronavirus Job Retention Scheme (CJRS), implementing changes that were first announced by the Chancellor Rishi Sunak in late May. We summarise the latest changes and consider their implications and consequences below. Flexible furlough With effect from 1 July 2020, employers will be […]

EU to bring in new laws requiring businesses to carry out human rights & environmental due diligence on their operations and global supply chains

Tim Wright |

Didier Reynders, the European Commissioner for Justice, recently announced plans for new laws requiring EU companies to carry out mandatory cross sectoral corporate due diligence on their operations and global supply chains for all environmental, human rights and governance impacts. Speaking at a European Parliament webinar[1] hosted by the European Parliament’s Responsible Business Conduct Working Group […]

COVID-19: regulation of software including apps

Tim Wright |

The UK Medicines and Healthcare products Regulatory Authority (MHRA) has, on 5 June 2020, published new guidance[1] on the regulatory status of software, including apps, used during the COVID-19 pandemic. The new guidance builds on specific MHRA guidance[2] manufacturers and developers on medical device stand-alone software including apps. Software classed as medical devices ‘Software’ refers […]