COVID-19: Both sides now: How to maintain commercial relationships

COVID-19: Both sides now: How to maintain commercial relationships

In the current unprecedented and uncertain circumstances of the coronavirus induced economic and social lockdown, canny lawyers need to be able to advise from both sides. They may be instructed at different points in a supply chain and have to deploy apparently inconsistent arguments.

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Receivership - What is it and how is it useful to lenders?

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Receivership - What is it and how is it useful to lenders?

A receiver is an individual (or those acting jointly) appointed by a creditor that holds a charge over the assets of a debtor to take custody of the charged assets, manage those assets and receive the income from them. Usually, a receiver will also have the power to sell the assets and to apply the proceeds of sale in satisfaction of the secured debt.

Scope to explore further increases to the national living wage, review concludes

Scope to explore further increases to the national living wage, review concludes

The review, which was published on 4 November 2019, also concluded that despite the potential for minimum wages to have a negligible or zero effect on jobs, it significantly increases earnings of the lowest paid workers. Nicholas Lakeland, partner at Laytons, comments on the report, saying it will ‘frame the future remit of the Low Pay Commission… and future government policy’.


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