Category: For Businesses
Extension to the Coronavirus Job Retention Scheme
As you have probably heard the Job Support Scheme, which was scheduled to come in on Sunday 1st November, has been postponed. Instead, the Coronavirus Job Retention Scheme (CJRS), also known as the Furlough scheme, has been extended to the end of March 2021. The Coronavirus Job Retention Scheme is being extended until March but it... Read more »
Extensions made to some of the Coronavirus Corporate Insolvency Provisions
Four sets of extensions were granted by the Government on 29 September 2020 to the temporary provisions introduced by the Corporate Insolvency and Governance Act 2020 which had been due to expire on the 30 September 2020. This will be of particular interest to Company Directors that an extension was granted in relation to the... Read more »
Free Legal Advice Clinics
Are you ready to face the world post Covid-19? Whatever your business or personal circumstances we are here to help. Throughout the summer we are offering free legal advice clinics to provide initial advice on your business or personal issues. Our clinics will be held on the following dates: Thursday 23rd July – Later Life... Read more »
Landlord’s remedies for breaches of lease in commercial property
Yes, some might have thought that we should soon be approaching the end of the grace period in the current Covid-19 commercial property world. This has now been further extended to 25 March 2022. The new Code of Practice has been published by the Government, encouraging commercial landlords and tenants to support each other and... Read more »
Busted – Top 5 Debt Recovery Myths
Debt Recovery is the process of making individuals and businesses pay debts which are overdue, or which are disputed. What can and cannot be done in respect of collecting debts is often misunderstood by both debtors and creditors. Francesca Damario from the Debt Recovery team at Cognitive Law busts some of the most common Debt... Read more »
Recovering your business debts – FAQ’s
Collecting unpaid debts can be a stressful experience. Understanding where you stand and the best way to proceed in collecting these debts is vital for a smooth recovery. We are often asked similar questions by clients when it comes to debt recovery so to help you when it comes to debt recovery we have outlined... Read more »
Dividends during the Covid-19 crisis
Earlier this month it was reported that shareholders in a FTSE250 company voted down the company’s proposal to pay a £27 million dividend. Previously there had been criticism in the media of the proposed dividend as the company were furloughing staff and seeking to reduce worker’s pay. The decision of the shareholders to vote down... Read more »
Rent as an expense for Companies in Administration during lockdown
As the Government looks to loosen lockdown landlords of commercial premises continue to have uncertainty, especially when it comes to their tenant’s insolvency. With restrictions imposed under the Covid-19 announcements made by the Government in terms of action available to them when rent is unpaid what is the situation when the tenant enters or is... Read more »
Licence to occupy Vs Lease/Tenancy
A template licence to occupy has recently been published by the British Property Federation for those who require occupying new premises on a short-term basis, amid increase of demands by the NHS and associated organisations to “help fight against COVID-19”. The template is very useful, and it is for general use (not limited to medical-related... Read more »
Director fails to convince Court that a Winding Up Petition should be restrained for Covid-19 reasons
In Shorts Gardens LLB v London Borough of Camden Council [2020] EWHC 1001 (Ch) the court found that the director’s application to restrain a winding up petition was without merit. The case involved winding petitions presented by two Councils against two organisations which were connected in relation to unpaid business rates. There had been a... Read more »