Arena Television collapsed at the end of 2021 with debts of £280 million. Loans from 55 lenders had been secured against thousands of items of broadcasting equipment that simply did not exist.

11 November 2022

Lenders are currently faced with the decision of whether to: (i) explore other proposed “risk-free” rates (“RFRs”); (ii) switch to Bank of England Base Rate; (iii) only offer fixed rates to their corporate borrowers; or (iv) explore other pricing mechanisms.

12 April 2021

The recent Employment Appeal Tribunal decision of Fentem v Outform EMEA Ltd has held that there was “no dismissal” where an employer brought forward the termination date of an employee who had resigned by subsequently paying them a payment in lieu of notice (PILON).

30 March 2022

This article discusses the importance of managing safety risks, following the downgrading of a care home that was ordered to pay over £25,000.

27 February 2023

For unmarried co-habiting couples who jointly own property without a declaration of trust, this article highlights the binding power of email

18 May 2023

A little over a year ago, the government announced the introduction of two new taxing measures, the proceeds from which would be used to fund cladding and building remediation works.

17 February 2022