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COVID-19

COVID-19

Furlough Scheme – A blueprint for future redundancies?

Last month, the Chancellor announced an unprecedented package of Government measures to support businesses through the economic impact of COVID-19. Front and centre was the Coronavirus Job Retention Scheme (CJRS), which introduced the concept of “furlough". While CJRS is only intended to be a...

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COVID-19

(COVID-19) The implications for commercial contracts

As the coronavirus (COVID-19) pandemic develops, there has been significant disruption to businesses across multiple sectors in the UK. Understandably, this has led to widespread concern about the implications for existing commercial contracts. There are a number of protection mechanisms which can...

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COVID-19

(COVID-19) Lease obligations for commercial tenants

In the commercial property world, the key development is the protection from eviction for commercial tenants who are unable to pay their rent due to cashflow problems resulting from the COVID-19 crisis. In short, no business tenant will be forced to move out of their commercial premises, should...

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