News & Views

Andrew Cooke and the corporate & commercial team at Sherrards worked with L&R Midland (UK) Limited (“L&R”), one of the UK’s leading shipyard agencies, in the transfer of a number of key shiprepair agencies from Ship Repairers and Shipbuilders Limited (“SRS”) to L&R with effect from 1 January 2021. The agreement includes the shipyards and service …

For all of us, 2020 has been a unique year with many putting their lives ‘on hold’ throughout the UK’s first lockdown. During this period of self-reflection, it’s no surprise that many decided to turn their lockdown hobby, or their long-considered ideas, into a new business, as they finally had the time to make it …

The Corporate Insolvency and Governance Act 2020 (“the Act”) introduces major new measures aimed at reinforcing the rescue culture during this period of economic uncertainty. These changes will provide crucial support to the country’s economic recovery and a significant and historic change to insolvency law in the UK These wide-ranging measures are not sectors specific.  …

Click to download a PDF version of this article. Temporary Suspension of Wrongful Trading until 31 May 2020: a limited breather for directors of UK companies In response to the COVID-19 crisis, the UK Government announced on 28 March 2020 that it intends to amend insolvency law to suspend the offence of wrongful trading by …

UK businesses are in an extended period of uncertainty, and corporate insolvencies are at their highest since 2014, according to the Insolvency Service. The impacts are most visible on the high street where news of established brands going under is a regular occurrence.  This is, unfortunately, only going to be accelerated by Covid-19 and the …

On 25 May 2018 the General Data Protection Regulation (GDPR) came into effect, and was heralded as the EU’s biggest shake up of data protection regulation to date. In the run up to ‘GDPR-Day’ we were inundated with emails from businesses asking us if we wanted to “stay in touch” and asking us to re-consent …