Insight & guidance
As the nature of the coronavirus’ impact evolves, this will present significant challenges to businesses. At the heart of a rapidly developing situation it can be hard to know what decisions to take in the best interests of the long-term survival and success of firms.
Despite the unprecedented challenges, it remains critical for directors and management teams to proactively plan to mitigate the risks to their staff, business and stakeholders. We have collected insight from across Gateley on the key legal and business issues as a result of COVID-19 and will be updating this guidance as the situation develops over the coming days, weeks and months.
You can view our latest guidance on the implications for people, money and trading by clicking the links at the top of the page or the buttons below:
Latest Employment updates
In response to our changing world and to best support you to make sense of leading effectively in this new working environment and stay organisationally and emotionally healthy, our team have put together a series of virtual and online blended support packages.
We've put together some short guides for you to use and share as you wish within your organisation. The titles available are: How to be resilient during a crisis, How to work remotely and Leading people through a crisis.
Health & safety in the workplace
PREPARING AND PROTECTING YOUR PEOPLE
Business support from the UK Government
Tax assistance for businesses
Implications for pension schemes
The Pensions Regulator’s response to COVID-19
Latest update on the COVID-19 pensions obligations and advice.
Finance and payments
Coronavirus: UK finance fraud report reminds us to be careful out there
This article outlines how the UK is doing tackling fraud and the risks that remain out there during the COVID-19 crisis
Coronavirus: keep calm and carry on collecting debts
This guide considers the effects Coronavirus will have on Debtors, and how they should navigate proceeding to collect debts following the crisis.
Coronavirus: what are the options when it comes to rescheduling payments
In the current Coronavirus crisis many of our clients are receiving requests from their customers to provide payment holidays or to reschedule payments. In this no…
Coronavirus: will the crisis trigger a material adverse change default?
As it becomes increasingly apparent that the effects of COVID-19 will be long lasting, with few, if any, sectors unaffected, borrowers and lenders alike will need t…
Coronavirus: financing arrangements
Since the Global Financial Crisis we have been living in an era of unprecedented low interest rates and available liquidity, with a significant diversification of t…
Signing documents & contractual arrangements
Restructuring and insolvency
Implications for construction and real estate
Landlords and tenants
Coronavirus: emergency legislation to protect commercial tenants
The Government has announced that it will introduce emergency legislation to protect, from eviction, commercial tenants unable to pay rent because of the coronaviru…
We can help you to find your ‘new normal’ post-COVID 19
The coronavirus pandemic has had an impact on all businesses, both large and small, and will continue to do so for a considerable amount of time. As business leaders start to look at what life will be like post-lockdown there are many things to consider. Whether it is looking at how you can drive change within the business, increase profits and market share, ensure employee safety or sustain your business, Gateley is on hand to provide support and guidance throughout.
Our Re-emergence Review aims to provide businesses with the advice and support they need to confidently put in place plans which ensure they are on the best footing as they come out of lockdown. This will not only assist in keeping you up-to-date with the continuing government assistance schemes, legislative changes and market developments, but also provide an early legal “sense check” of key decisions you may want to take.
As social distancing measures are likely to be in place for the foreseeable future, we would conduct a virtual review of your business as an initial step. During the hour-long discussion, we will cover the current state of play for your business, any challenges and opportunities that you need to consider and any planned changes that you would like to make.
If required, we can draw on the specialist skills and expertise of legal and professional advisers across Gateley following this review.
The Re-emergence Review will allow you to focus on the business issues, whether they are financial, legal, strategic or leadership-related, with the support of subject matter experts who can provide you with the right advice and guidance at the right time.
We would plan to check in with you as part of the Re-emergence Review at least quarterly but more often if required, to ensure that you are getting the business support that you need, when you need it.
Our Re-emergence model:
“Britain’s economy is likely to lose out on £800bn of income over the next 10 years as the lockdown and a spike in unemployment leave deep scars on the private sector.”
- The National Institute of Economic and Social Research published in The Guardian, 28 April 2020
Request a Re-emergence Review
If you would like to set up a Re-emergence Review or discuss what the review will cover and how it may help your business as you plan next steps, get in touch with your usual Gateley contact or a member of our Re-emergence Team.
We are committed to supporting you during these challenging times, and should you need our help as this situation evolves please complete our contact form, contact your usual Gateley contact or contact a member of our leadership team.