The Building Safety Fund: 31 December 2020 Deadline Key Contact: Jennifer Butcher Author: Abby Stephens In the March 2020 budget, chancellor Rishi Sunak announced that the UK government would provide £1 billion in 2020-2021 to support the remediation of unsafe non-ACM (aluminium composite material) cladding systems on residential buildings 18 metres and over in both...Read More
Further Extensions to the Protections from Forfeiture for Non-Payment of Rent and Recovery of Rent by CRAR for Business Tenancies Key Contact: Jennifer Butcher Author: Abby Stephens On 9 December 2020, Communities Secretary Robert Jenrick announced that business owners affected by the COVID-19 pandemic will be protected from eviction until the end of March 2021....Read More
Force Majeure and Frustration: The Impact of Covid-19 Key Contact: Jared Ursell Author: Joe Smith The impact of Covid-19 has had a significant impact not only on businesses themselves, but their ability to perform certain contracts, especially as different lockdown regimes have been introduced across different parts of the UK. Disputes can arise as a result; for...Read More
Supreme Court Judgement: Alexander Devine Children’s Cancer Trust v Housing Solutions Ltd [2020] UKSC 45 s.84 Law of Property Act 1925, arguing ‘public interest’ and a warning to Developers to discharge or modify restrictive covenants prior to commencing development work. Key Contact: Jennifer Butcher Author: Abby Stephens On 6th November 2020, the Supreme Court handed...Read More
TKC London v Allianz Insurance Policy Key Contact: Hugh Hitchcock In our recent article, we looked at the FCA test case brought in the High Court, which resoundingly found in favour of policyholders, particularly when looking at disease clauses in Business Interruption (BI) insurance policies. On the 15th October 2020, the High Court delivered a...Read More
The New ICC Arbitration Rules for 2021: Key Points to Note Key Contact: Jon Stroud Author: Joe Smith Background The International Chamber of Commerce (“ICC”) have released the draft of the 2021 Arbitration Rules (“the 2021 Rules”) due to be formally released in December 2020. The 2021 Rules will come into force on 1 January...Read More
LEGAL UPDATE – Corporate Insolvency and Governance Act 2020 – Times Extended Key contact: Hugh Hitchcock Authors: Hannah Jones & Michael Hinder HMG yesterday (24.9.20) brought into force a new statutory instrument to extend the operation of several COVID-19 related restrictions and measures that were enacted in the Corporate Insolvency and Governance Act 2020. A...Read More
Updated Business Tenancies Moratorium Key Contact: Jennifer Butcher Author: Emma Poole Following the Welsh Government’s announcement last week (please read previous article here), The Ministry of Housing, Communities and Local Government has announced that an extension to the moratorium of forfeiture of business tenancies in England under the Coronavirus Act 2020 (“the Act”) will also be granted...Read More
Security for Costs and COVID-19: International Pipeline Products Limited v IK UK Limited & Others Key Contact: Hugh Hitchcock Author: William Rees Security For Costs An order for security for costs offers a party (usually a defendant) protection from the risk of their opponent engaging them in costly proceedings but not being able to pay...Read More
Costs Budgeting: Major Changes in Force from 1 October 2020 Key Contact: Hugh Hitchcock Author: Steven Koukos Following the Civil Procedure (Amendment No.3) Rules 2020, SI 2020/747 and the 122nd update to the Practice Direction, there are major changes in relation to the revision and variation of costs budgets, which come into force from 1...Read More
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