Lexology

Covid-19: Impact on Employee Share Schemes

United Kingdom - June 11 2020 One of the uncertainties faced by many companies as a result of COVID-19 has been its impact on tax-advantaged employee share schemes - SAYE, SIP…

COVID-19: Company Filing Requirements - Temporary Extension of Deadlines

United Kingdom - May 27 2020 At the end of March 2020, the UK government announced that it would introduce legislation to relax some of the statutory obligations on companies in…

M&A Warranty and Indemnity Insurance - The Effect of COVID-19

United Kingdom - May 26 2020 Warranty and Indemnity (W&I) insurance has become increasingly popular in business sale and purchase transactions. It provides cover to the buyer…

Corporate Insolvency and Governance Bill - temporary flexibility for company meetings

United Kingdom - May 21 2020 In our recent update on AGMs, we mentioned that the Government is due to pass legislation giving companies increased flexibility for holding Annual…

Directors’ duties - considerations for directors during Covid-19

United Kingdom - May 20 2020 The Covid-19 pandemic has had a significant effect on the economy and has presented unprecedented challenges for businesses. Amidst such uncertainty…

Benefits of a Shareholders’ Agreement

United Kingdom - May 20 2020 Should there be a shareholders’ agreement in place in addition to a company’s articles of association? The articles of association are one of the…

Why your business needs a Plan B.

United Kingdom - May 19 2020 Recent events have again shown how important it is for businesses to ensure that they have appropriate contingency plans in place to identify and…

Convertible Loans: key terms, advantages and disadvantages

United Kingdom - May 14 2020 We recently published a Legal Update on the UK Government’s Future Fund. The £250 million fund, which is intended to provide financial support to…

LBTT Additional Dwelling Supplement 18 month reclaim period extended to 27 months

United Kingdom - May 12 2020 COVID-19 related delays mean that many homeowners in Scotland who bought a new house before selling their old home and so have paid the 4% Additional…

Lease being varied or ending? Don’t miss out on LBTT refunds.

United Kingdom - May 11 2020 Key message: tenants whose leases are being varied or coming to an end may qualify for a refund of some or all of the LBTT paid in respect of the…