Orr Litchfield
Solicitors and Business Lawyers
Solicitors and Business Lawyers
| News title | Date | |
| Covid-19 (Coronavirus) and the Job Support Scheme | Introduction On the 24th September 2020, the UK Government announced that it would be introducing a new scheme to support jobs in the UK with effect from 1st November 2020 – the Job Support Sch... | |
| Preparing your business for sale - Who will buy your business? | Overview Many business owners assume that they will not be able to sell their business or that it will be too complicated, time-consuming and/or expensive to do so. Accordingly, they end up liquidati... | |
| Buying a business from an Administrator - 15 legal issues to consider | Overview A total of 1,403 companies went into administration during 2019, compared to 1,341 in 2018. The increase was the consequence of a significant spike in insolvencies during the third quarter o... | |
| Increasing number of UK Companies notwithstanding Coronavirus | Notwithstanding Coronavirus, the total number of companies in the UK increased in the first quarter of 2020 from 1st January to 31st March 2020. It remains to be seen what impact the Coronavirus and l... | |
| What is your Business Exit strategy? | The current coronavirus epidemic has brought business planning to the forefront of every business agenda. The most immediate focus is, undoubtedly, continuity planning in order to enable business owne... | |
| Covid-19 (Coronavirus) - Change to employees qualifying date expands the Coronavirus Job Retention Scheme | Introduction The UK Government published updated Guidance on the Coronavirus Job Retention Scheme (the ‘CJRS’) on 15th April 2020 and the Treasury issued a Direction under the Coronavirus... | |
| Covid-19 (Coronavirus) - Get ready for the Coronavirus Job Retention Scheme Launch on 20th April 2020 | Introduction The UK Government has publicly announced that it will be ready to launch the Coronavirus Job Retention Scheme (the ‘CJRS’) on 20th April 2020 as the first part of its respons... | |
| Covid-19 (Coronavirus) - the Coronavirus Business Interruption Loan Scheme ('CBILS') Version 2.0 | Introduction On 2nd April 2020 the UK Government announced that it had expanded CBILS and made changes to the scheme in order to address some criticisms of the original scheme, which went live on Mon... | |
| Covid-19 (Coronavirus) and the Self-employment Income Support Scheme | Introduction Since introducing the Coronavirus Job Retention Scheme for furloughed employees, which sought to provide income protection for those employees that would otherwise have been laid off dur... | |
| Covid-19 (Coronavirus) - the Coronavirus Job Retention Scheme and furloughing employees | Introduction The UK Government announced the Coronavirus Job Retention Scheme (the ‘Scheme’) on 20th March 2020 as part of its response to assist businesses, business owners and individua... | |
| Covid-19 (Coronavirus) - Continuity Planning and avoiding Insolvency and personal liability | Introduction Covid-19 is affecting individuals and businesses on a local, national and global scale. An enormous number of businesses are facing sudden, unexpected economic and other business-related... | |
| Covid-19 (Coronavirus), Redundancy and Alternatives to Redundancy | Covid-19 is affecting individuals and businesses on a local, national and global scale. An enormous number of businesses are facing sudden, unexpected economic and other business-related pressures (pa... | |
| Covid-19 (Coronavirus) - UK Government announces new rules on staying at home and away from others | The UK Government announced a broad range of new measures yesterday evening aimed at trying to ensure that, save in certain specified circumstances, individuals stay at home and keep away from each ot... | |
| Covid-19 (Coronavirus) - UK Government announces new measures to protect Businesses and Workers | Covid-19 (Coronavirus) – UK Government announces new measures to protect Businesses and Workers The UK Government announced a range of new measures at the end of last week and over the weekend... | |
| Covid-19 (Coronavirus) - UK Government announcement on Key workers in 8 Key sectors | The UK Government issued guidance for schools, colleges and local authorities on key workers and key sectors late yesterday. In one way or another, directly or indirectly, this may impact upon busines... | |
| The IR35 Hokey Cokey - Coronavirus forces a delay in the implementation of proposed changes to IR35 | The widely debated and often criticised 'off payroll' changes to the IR35 rules were due to be extended to private sector businesses with effect from April 2020. This has now been deferred by a year,... | |
| Will Covid-19 (Coronavirus) enable you to terminate your commercial contracts? | Whether you own a UK or non-UK business, whether you are an exporter or importer and whether the UK is the focus of the sale of the relevant goods or services or part of a broader sales territory, you... | |
| UK Budget 2020 and Enterprise Management Incentive ('EMI') Share Options | The Chancellor’s budget announced on 11th March 2020 included a statement that the Government will launch a review into the Enterprise Management Incentives (‘EMI’) scheme. Section... | |
| UK Budget 2020 and the Reduction in Entrepreneurs Relief | The Chancellor’s budget announced on 11th March 2020 included a reduction in Entrepreneurs Relief. The relief has been significantly curtailed by reducing the lifetime limit for qualifying gains... | |
| 5 reasons to review your Business Contracts | If you want your business to remain competitive and keep pace with changing markets, you need to keep the key functions of your business under constant review. As part of this process, you should put... | |
| Brexit and the Law - The European Union (Withdrawal Agreement) Act 2020 receives Royal Assent | The European Union (Withdrawal Agreement) Act 2020 (the “Withdrawal Act”) received Royal Assent yesterday on 23rd January 2020. It makes legal provision for the ratification of the Agreeme... | |
| UK trade, Brexit and the Law - Is your business BrexFit for Brexit? | Brexit day is 14 days away. The UK will leave the EU at 11pm (UK time) on 31st January 2020. Increases in UK exports, particularly to countries outside the EU bloc, are positive but are you and is you... | |
| Continued growth in number of UK companies in 2019 | The Headlines According to the recently published UK Companies House statistics Q3 of 2019 (from 1st July to 30th September 2019) saw: an increase in the number of companies on the Companies House... | |
| Managing your business - Small businesses and late payments | Overview In an average month 48% of invoices issued by small businesses in the UK are paid after their due date for payment and, on average, overdue invoices are paid 14 days late according to a rece... | |
| No deal Brexit & the law: VAT for businesses | If you operate a business which is selling goods or services from the UK to Europe or from Europe to the UK, it is important that you familiarise yourself with the changes in the rules and procedures... | |
| No deal Brexit & the law: Importing animals & animal products & your contracts | According to UK Government statistics relating to the first 6 months of 2018, the biggest single meat imports from European countries were Ireland (beef - £425,701,163, being 67% of all beef imp... | |
| No deal Brexit: UK trade agreements with non-EU countries | The UK is currently scheduled to leave the EU at 11:00pm GMT (midnight CET) on 31st October 2019. There appears to have been very little progress since the original Brexit date of 29th March 2019, wit... | |
| Preparing your business for sale - Are you ready for Buyer due diligence? | Overview In previous articles we explored common reasons why business owners choose to sell their businesses, the importance of identifying your overall personal, financial and business objectives an... | |
| Do you trade with EU countries from the UK? Have you obtained a UK EORI number? It's not too late! | At the moment, whilst the UK remains in the EU, it is not necessary for UK businesses, which only trade across borders in the Single Market, to obtain an Economic Operator Registration and Identificat... | |
| No Deal Brexit Temporary UK Tariffs | This morning (13th March 2019), the UK Government published its Guidance on the temporary rates of customs duties (that is, tariffs) on imports into the UK that it will use for a period of up to 12 mo... | |
| Brexit Withdrawal Agreement 2.0 - No Upgrade! | On 11th March 2019, the UK Government laid before Parliament, under Section 13(1)(a) of the EU (Withdrawal Act) 2018: (i) a statement that political agreement has been reached; (ii) a copy of the nego... | |
| Appointing a distributor - Key preliminary steps prior to entering into a distribution agreement | Overview of a distribution agreement In a previous article entitled “Entering new markets – Key legal & commercial issues” we explored the primary business methods used by compa... | |
| No deal Brexit & commercial contract disputes | With the UK scheduled to leave the EU on 29th March 2019, the draft Withdrawal Agreement negotiated between the EU and UK government rejected comprehensively by the UK parliament and no sign of the EU... | |
| Preparing your business for sale - Fine-tuning your business to maximise price and minimise risk | Overview of fine-tuning your business for sale In previous articles we explored common reasons why business owners choose to sell their businesses and the importance of identifying your overall perso... | |
| Will Brexit enable you to terminate your commercial contracts? | Whether you own a UK or non-UK business, whether you are an exporter or importer and whether the UK is the focus of the sale of the relevant goods or services or part of a broader sales territory, you... | |
| Brexit - Please hurry, why don't you come back? | Was Advocate General Manuel Campos Sánchez-Bordona singing an old Paul Young song yesterday (“Come Back and Stay” – the lyrics are certainly fitting for European remainers) wh... | |
| Brexit and your commercial contracts | Like it or not, Brexit is a thundering reality and businesses trading into or out of the UK need to try to assess its likely impact and, where necessary, alter their strategies, business methods and p... | |
| Entering new markets - Key legal & commercial issues | Overview There are numerous reasons why businesses seek to enter new markets, whether those markets are within their own country or overseas. In general, companies usually go international because th... | |
| Preparing your business for sale - Business sale objectives and goals | Overview In a previous article entitled “Preparing your business for sale – When should you sell your business?” we explored common reasons why business owners choose to sell their... | |
| Increasing number of UK Companies notwithstanding Brexit | Notwithstanding Brexit, the total number of companies in the UK is increasing. The Headlines According to the recently published UK Companies House statistics: 1. During the third quarter of 2018 f... | |
| Preparing your business for sale - When should you sell your business? | Overview Just as there are many different reasons why people start to run or continue to run a business, there are many different reasons why people cease to run their business. What is inevitable is... | |
| How to start a business in the UK | Choosing the correct business structure for your business is important for a variety of strategic, financial, management, administrative and operational reasons. In this article, we summarise the prim... | |
| Establishing a joint venture in the UK | Companies and individuals often seek to expand or develop new products or services nationally or internationally through a joint venture with one or more other parties, enabling all parties to use the... | |
| GDPR, key changes & data subject rights | The General Data Protection Regulation (“GDPR”) came into force on 24 May 2016, and became directly applicable and enforceable in all EU Member States on 25th May 2018. With effect from th... | |
| Buying UK Companies - An Overview | The acquisition of any private company or business can be divided into 5 distinct phases – transaction planning and preliminary issues, due diligence and investigation, the preparation and negot... |
