Good cybersecurity management is important to minimising risks and maintaining business continuity in current climate. With remote / home working the current norm, organisations have to keep systems and data secure to minimise the risk of becoming victim of a cyberattack. Prevention is best when it comes to protecting your data and here are some […]
Even before the current pandemic, as enterprises have adopted techniques and practices such as digital transformation, cloud and mobility, they have faced an increased risk from a range of established and emerging cybersecurity threats, such phishing attacks which seek to introduce malware capable of compromising sensitive business information, ransomware and other fraud campaigns. The risk […]
In these unprecedented times, all loan deals are being stress tested. Both borrowers and lenders alike have their own issues from meeting payment obligations and satisfying financial covenants to liquidity ratios and revaluing portfolios. From a borrower’s perspective, generally speaking force majeure clauses don’t appear in debt finance documents. If they don’t then under English […]
The Chancellor on Friday announced a new Government Coronavirus Job Retention Scheme to enable employers to obtain a reimbursement of up to 80% of “furloughed workers” wage costs, up to a cap of £2,500 per month. As always with Government announcements details are sparse and we will have to wait for the details. It is […]
Although the COVID-19 outbreak has been devastating for many businesses, certain industries such as the gaming and esports sectors may not be as badly affected as others. Social distancing means that, whilst many businesses are suffering from a lack of people visiting their bricks and mortar outlets, the gaming and esports industries are seeing record […]
The Aviation (Enforcement and Recovery) team has been advising clients on issues arising from the current crisis. Three main themes emerge from the current challenges in the airline sector: 1.) Airline insolvency risk. A number of leasing companies have claims for unpaid rent and maintenance rent. These claims can be pursued by: applying security deposits […]
At the time of writing, the UK is officially moving to the “delay” phase, with government advising that anyone with a new, continuous cough or a high temperature self-isolates for at least 7 days. With the FM sector already facing some headwinds such as the fallout of Carillion and other high profile insolvencies, the prolonged […]
In a recent move by UK government (which will provide some comfort for the hospitality industry in the wake of potential losses from lost bookings and revenue in the wake of the coronavirus outbreak), Covid-19 will now be formally classified as a “notifiable disease” for insurance purposes. Under the terms of the Public Health (Control […]
As of 11 March 2020 there have been over 118,000 confirmed Coronavirus (Covid-19) cases and in excess of 4,000 deaths reported globally  . 113 countries and territories are affected with the numbers growing daily. The whole of Italy is now on lockdown, President Trump has announced the suspension of all travel from Europe (excluding […]
In August 2018, Gavin Patterson the then CEO of BT Group plc announced that BT will switch off ISDN services from its Public Switched Telephone Network (PSTN) in 2025, starting with a cease in supply from 2020, and moving to a full migration by 2025 (although the final date will be dependent on how successful […]
The use of electronic signatures in business has increased markedly in recent years in response to an increase in agile working, time and cost restraints in having face to face meetings and environmental sustainability. In 2016 the Law Society produced guidance (prepared with input from Leading Counsel) that electronic signatures are valid under English law. […]
The European Data Protection Board (EDPB) has launched a consultation on its draft guidelines on processing personal data in the context of connected vehicles and mobility-related applications. The EDPB’s Guidelines 1/2020 were adopted by the EDPB at its 17th Plenary Session on 28 and 29 January 2020 and focus on the processing of personal data […]
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