News & Views

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 …

Temporary letting of space is becoming ever more popular in the retail market.  Pop up retail shops in particular have a variety of benefits including the relatively low cost associated with securing and opening them.  By their very nature, they are almost tailor made for the sale of seasonal products, such as those associated with …

With the recent collapse of a few retailers, including House of Fraser earlier this month, and retail parks and shopping centres changing their business structure and appearance with the rise of online shopping, it is time to remind ourselves of what a ‘pre-pack’ can offer to retailers when things go wrong. What is a pre-pack? …