This isn’t the first time that I’ve written about earn-outs, but the recent high profile news of the actor, Ryan Reynolds selling his shares in drinks company Aviation Gin, to Diageo, serves as a good excuse to look into this area again.
With the Coronavirus having an unprecedented effect on the UK economy and the Government’s Job Retention Scheme (“JRS”) coming to an end on 31 October 2020, many employers are faced with the prospect of considering redundancies in order to reduce overheads and save their business.
MEES Regulations tighten for residential landlords
The new Minimum Energy Efficiency Standard (MEES) regulations (‘the new Regulations’) came into force on 1 April 2019. On 1 April 2020 this was extended to apply to existing tenancies in England. Darryn Harris talks us through what this means...
High Court sets aside a default judgment obtained following a claim form served while defendant’s office closed during Covid-19 lockdown
James Quinn, Director in the Dispute Resolution team at Boyes Turner, reviews a recent High Court decision in which the court set aside a default judgment obtained following a claim form served while the defendant’s office had been closed during the Covid-19 lockdown.
New legislation passed guarantees statutory redundancy and minimum notice pay will be based on “normal weekly pay” for some
Since the introduction of the job retention scheme (“JRS”) there has been debate surrounding the correct rate of pay to give for employees who are given notice of redundancy while on furlough. This ambiguity has led some employers to pay statutory minimum notice and redundancy at the furlough rate rather than an employee’s usual weekly rate in an attempt to save money.
Landlords Beware: Tenant Fees Act 2019 now applies to all ASTs regardless of when it was entered into
The Tenant Fees Act 2019 (‘the Act’) came into force from 1 June 2019, the Act initially applied to all new assured shorthold tenancies granted on or after 1 June 2019 but now after the 12 month transitional period apply to all tenancies regardless of when they were entered into.