State Aid for Start-ups: UK government launches Future Fund On 18 May 2020, the government launched its £250 million 'Future Fund', a key initiative to support the UK economy during the COVID-19 pandemic. The fund is open for applications until the end of September 2020. The fund is being administ... read more
HSBC Private Bank – Family Wealth & Family Business Governance In A Crisis Podcast HSBC Private Bank have produced a helpful podcast covering Family Wealth and Family Business Governance In A Crisis. Jeremy Franks, Head of Wealth Planning & Advisory, and Russell Prior, Head of Family Governance, Family Enterprise, Su... read more
Government announces 100% guarantee of loans up to £50,000 under the Coronavirus Business Interruption Loan Scheme On 27 April the government announced that it will provide a 100% guarantee for loans of up to £50,000 under the Coronavirus Business Interruption Loan Scheme (the CBIL Scheme). The Chancellor, Rishi Sunak, had been coming under pressure ... read more
Government announces restrictions on the use of statutory demands and winding up petitions The Government has announced that they will introduce further temporary measures to protect commercial tenants against debt recovery actions during the Coronavirus pandemic.  This is in addition to the measures already in place under ... read more
COVID & the high-growth ecosystem: report from Beauhurst Beauhurst has crunched the numbers on 28,499 companies on its platform to assess how COVID is having an impact. These companies are typically smaller entrepreneurial businesses and there are several interesting findings: Over 60% of ... read more
Q&A – Business as (un)usual during the COVID-19 lockdown: the practicalities of executing documents, getting documents legalised and holding shareholder meetings This Q&A is intended to provide guidance to those seeking to navigate the choppy and uncertain waters of the COVID-19 outbreak. It does not constitute legal advice. How to execute documents? The stay at home measures implemented ... read more
A further update on the Coronavirus Job Retention Scheme – the legal framework On 15 April 2020, a Treasury Direction and updated guidance were issued on the Coronavirus Job Retention Scheme (“CJRS”). The Direction essentially sets out the legal framework for the CJRS although it is possible that further Directio... read more
Update on Furlough Leave: key practical issues Following the government’s recently announced Coronavirus Job Retention Scheme, further (and much needed) guidance has been published. Whilst some issues still remain unclear, the guidance clarifies a number of important issues. We set o... read more
COVID-19: Proposed reforms to insolvency laws intend to give companies breathing space The Business Secretary Alok Sharma has proposed a relaxation to the current insolvency rules, in the hope that the measures will give companies some breathing space in the face of COVID-19. Suspension of wrongful trading rules The... read more
COVID-19 – Practical Commercial Steps for Businesses to Take During the Pandemic We have been working with a whole range of businesses to help them address the many commercial issues thrown up by coronavirus. As well as participating in the various government schemes which have been launched, there are other practical ... read more

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