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Briefing quick find:

Modern Slavery Act 2015: Updated Government Guidance

On 12 March 2021, Her Majesty’s Government issued updated guidance on the annual requirement, under Section 54 of the Modern Slavery Act 2015 (the “MSA”), for certain businesses to publish an annual statement (the “March 21 Guidance”). Whilst the March 21…

Digital Markets Act

This is the second of two briefings about the Digital Services Act package introduced by the European Commission (EC). The package comprises the Digital Services Act (DSA) which we covered in our earlier briefing and the Digital Markets Act which…

Budget 2021 – Key points

Following yesterday’s announcement from the Chancellor, click here for a full summary of the Budget and here for our Tax Tables summarising tax changes. To the casual observer, the first Budget of 2021 appeared to have been fully revealed before the…

Budget 2021 – what to look out for

Tomorrow Rishi Sunak will present his second Budget within 12 months. For many commentators, it is perhaps the pivotal Budget of this parliament. Pre-Budget leaks and interviews have put the focus squarely on continuing key pandemic support measures through, hopefully,…

The sting in the tail in the Finance Act 2020

The sting in the tail in the Finance Act. Are the walls closing in on key stakeholders? The Finance Act 2020 (“Act”) came into force on 22 July 2020 bringing with it the re-introduction of the Crown Preference (See Changes to…

To scheme or to plan?

The Corporate Insolvency and Governance Act 2020 (“CIGA”) introduced a series of temporary and permanent measures to the armoury of rescue and restructuring mechanisms in the wake of the COVID-19 pandemic and the ensuing financial upheaval. Pursuant to the provisions of…

Changes to The Return of Crown Preference

On 1 December 2020 the government enacted the Finance Act 2020 (The Act) bringing with it the return of Crown Preference. We are already seeing the wide-ranging ramifications not just for creditors in insolvency proceedings but also for those businesses…