News & Views

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 …

It’s no surprise the COVID-19 pandemic has had a significant impact on the retail sector. As many retailers were forced to close during both lockdowns, they have been unable to keep up with their rental payments, and as customers continue to self-isolate and stay at home footfall has been significantly lower. On the flip side, …

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 …

To read this article about the Coronavirus impact on landlords and tenants as a PDF, please click here.     As a consequence of the COVID-19 outbreak we are all now living in unprecedented times. Shops selling non-essential goods have been forced to close.  People have been instructed to stay at home.  So what does this …

Dry January followed by Valentines Day – Mike Lewis from the Sherrards Retail Team investigates the ramifications… The press is full of stories of astronomical Business Rates and struggling public houses – ‘Dry January’ must only exacerbate this. However, friend of Sherrards, Sean Hughes, the publican of several of the finest bars in St Albans …

Partner Mike Lewis at Sherrards explores the effect of Retail CVAs on landlords. With consumers reducing their spending on non-essential items, retailers are experiencing a tough trading environment on the high street. Many retailers are entering into Company Voluntary Arrangements (CVAs) to give them some respite. Since 2017, CVA’s have been used by large retailers …