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. […]
On 26 June 2020 the Corporate Insolvency and Governance Act 2020 (CIGA) came into force after a rapid passage through all Parliamentary stages, in a little over a month. CIGA introduced several well-publicised changes to the law relating to insolvency and general meetings, but there is one proposed change which deserves greater attention. CIGA provides […]
On 26 June 2020 the Corporate Insolvency and Governance Act 2020 (CIGA) came into force after a rapid passage through all Parliamentary stages, in a little over a month. The objective of CIGA is to help UK companies and similar entities to continue to trade during the current worldwide pandemic and to avoid insolvency. CIGA […]
Fladgate’s Renewable & Green Energy Group highlight recent developments and topics of discussion affecting the renewable energy, electric vehicle and battery storage sectors. Following completion of the Liberty Charge joint venture between the Charging Infrastructure Investment Fund, managed by Zouk Capital LLP (advised by Fladgate) & Liberty Global, Sam Tye, the Head of the Green Energy Group at Fladgate considers […]
The UK Competition and Markets Authority (CMA) has arguably been one of the busier UK regulators during the Covid-19 pandemic. During the past week alone, it has issued three separate competition law infringement decisions with fines totalling £6.7 million. The first two were against musical instrument manufacturers and a retailer, each of whom were found […]
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 […]
The Covid-19 pandemic is a period of time which it seems we are obliged to call “strange times” but for the property industry times have been even stranger. Her Majesty’s Government has now announced that the moratorium on the right to forfeit a lease for non-payment of rent laid down by the Coronavirus Act 2020 […]
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 […]
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’ […]
The lease says that rent needs to be paid in full each quarter or month, but the government seems to be saying that it may not be appropriate for the tenant to pay the rent. You wouldn’t be alone in saying that you are confused! “The Government has always been clear that tenants who are […]
Following completion of the Liberty Charge joint venture between the Charging Infrastructure Investment Fund, managed by Zouk (who were advised by Fladgate) and Liberty Global, Sam Tye, the Head of the Green Energy Group at Fladgate considers some of the issues facing the roll out of electric vehicle charging infrastructure and the UK Government’s recent […]
In March 2020, as part of the Cabinet Office-led Ventilator Challenge, the Medicines and Healthcare products Regulatory Agency (MHRA) published a specification 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 […]
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