Introduced by the government in April 2020, the Bounce Back Loan Scheme (BBLS) provided rapid access to finance for small businesses affected by the coronavirus pandemic. Through the scheme, SMEs could borrow between £2,000 and 25% of their turnover, up to a maximum of £50,000. While businesses took advantage of the BBLS, it wasn’t without […]
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The fact is that there is no legal obligation on an employer to provide either a verbal or written reference for a departing or former employee. The only exception is in the financial industry where references are regulated by the Financial Conduct Authority. However if an employer agrees to provide a reference, whether it is
What are my obligations in providing a reference to a former employee? Read More »
It is quite common for employers of all shapes and sizes to experience staff under-performing in their role. There could be a variety of reasons for this, ranging from a general lack of ability and apathy, personal issues affecting performance, unreasonable and unrealistic targets and work overload to a lack of training. Many larger employers
A Scottish Employment Tribunal has recently held that an employee with long covid was disabled under the Equality Act 2010. This is the second authority this year which has addressed whether long covid is a disability in the United Kingdom. Before we look at the facts of the Scottish authority it is important to remind
Is long covid a disability in law? Read More »
The perfect storm of the Covid pandemic, the war in Ukraine, the current high inflationary environment and cost of living crisis has inevitably placed many pub businesses under significant financial stress. Whilst a shareholder’s liability in respect of a limited company is limited to the value of their shares, UK company and insolvency legislation imposes
A damages-based agreement (DBA) is a form of “no-win, no fee” agreement between a lawyer and client, under which the lawyer is paid an agreed proportion of the sums the client recovers in litigation. This kind of arrangement is perhaps more often described as a “contingency fee”, but in England and Wales that term would
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Litigation is very much a team effort between solicitor, client, Counsel, and experts if relevant. In simple terms, a CFA is an agreement between lawyer and client to share the risk by combining the outcome of the case with the fees payable to the lawyer. There are several ways that a CFA can be formulated.
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Director Disqualification – Everything You Need To Know There are millions of directors throughout the UK, and most uphold their responsibilities effectively. However, if you fail to comply with your legal obligations, you may find yourself disqualified from acting as a director. This can have a serious and long-lasting impact on an individual, so it
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On 15 December 2021, the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Act 2021 received Royal Assent and serves as an interesting development within the director disqualification legal regime. You may have read our previous update on this in May 2021 Director Disqualification Update after the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill had its first
Director Disqualification Update – January 2022: New Year, New Laws Read More »
The Bounce Back Loan Scheme was introduced to provide financial aid to small and medium-sized businesses affected by the coronavirus pandemic. The scheme enabled small and medium-sized businesses to borrow up to £50,000 with no fees or interest payable for the first 12 months. After 12 months, an interest rate of 2.5% per year becomes
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