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We are pleased to announce we have promoted 86 associates to senior associate and introduced a new legal director role, with 44 legal directors and 2 special counsel also promoted.
On 20 May, the British Business Bank launched its Future Fund. This is the latest in a series of initiatives announced by the Chancellor in recent weeks to support businesses through the ongoing pandemic.
We have seen government measures provide relief for property owners in respect of mortgage payments. However, while individual banks may adopt policies to support their borrowers through these difficult times, there is no official guidance as to what steps might be taken to assist businesses struggling to make payments under their financing arrangements, nor as to how lenders’ rights under loan agreements will be affected in light of the ongoing public health crisis.
Recent changes to UK copyright law may have unexpected consequences for the healthcare sector. Under the new legislation, NHS Trusts, hospitals, and other healthcare providers may be required by copyright holders to pay a licence fee to enable them to show broadcast television and other content on their premises.