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Coronavirus/COVID-19 › United Kingdom › Small Business

Read guidance, analysis, and updates on the myriad issues arising from the global response to the COVID-19 pandemic. Updated hourly every day, the insights published here are written by leading lawyers and law firms... more +
Read guidance, analysis, and updates on the myriad issues arising from the global response to the COVID-19 pandemic. Updated hourly every day, the insights published here are written by leading lawyers and law firms helping to make sense of insurance, employment, tax, securities, M&A, risk management, and every other consideration touched by this crisis. Follow the channel for a daily email brief of the latest and best updates. less -
Ankura

Fraud and Corruption in Covid Bounce Back Loans - A Perspective for Lenders

Ankura on

Under the government Bounce Back Loan Scheme (BBLS), small businesses struggling due to the pandemic could obtain a fully government-secured loan of up to £50,000 with no repayments required for the first 12 months....more

WilmerHale

The UK Government’s Bounce Back Loan Scheme - are there lessons to be learned?

WilmerHale on

The UK’s National Audit Office (the “NAO”) has reported that an estimated 11% - a total of £4.9 billion out of £47 billion issued - of the 1.5 million loans granted under the Government’s COVID-19 Bounce Back Loan Scheme (the...more

Hogan Lovells

Winding up restrictions not quite wound up

Hogan Lovells on

The UK Government yesterday announced that it will proceed with the phasing out of temporary measures introduced to protect businesses from creditor action during the COVID-19 pandemic, whilst also announcing new measures to...more

Morrison & Foerster LLP

Financial Services Report - Spring 2021

Morrison & Foerster LLP on

Can you say 0 to 60? Not cars, but pretty much everything to do with financial services. A new year, a new administration, and new challenges for providers. Prior CFPB Director Kraninger is long gone. Acting Director Uejio...more

Robins Kaplan LLP

Financial Daily Dose 10.1.2020 | Top Story: Palantir and Asana Make Strong Showing In Direct Listing Public Debut

Robins Kaplan LLP on

Palantir’s direct listing experiment generally went well yesterday, with the company’s shares beginning trading up nearly 40% from the $7.25 reference price set Tuesday evening. Fellow direct lister Asana also had a good...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Government Introduces COVID-19 Bill to Aid Businesses and Reform Restructuring Law

Skadden, Arps, Slate, Meagher & Flom LLP on

On 20 May 2020, the U.K. government published the Corporate Insolvency and Governance Bill (the bill), which includes measures designed to help businesses through the COVID-19 pandemic and features important substantive...more

Dorsey & Whitney LLP

UK Government Assistance for Businesses in the COVID-19 Crisis

Dorsey & Whitney LLP on

The UK Government has made a number of further announcements in connection with initiatives designed to assist businesses and individuals during the COVID-19 crisis. These are as follows...more

White & Case LLP

UK Enterprise Management Incentives – An Update

White & Case LLP on

This update sets out some important recent developments relating to the UK's Enterprise Management Incentive ("EMI") regime, which allows the grant of tax-advantaged options by smaller, high growth companies. In summary, the...more

Morgan Lewis

UK Government Announces Funding for Innovative Companies, New COVID-19 Future Fund

Morgan Lewis on

The UK government has announced two new schemes for funding to innovative companies and startups, launching in May 2020. ...more

Cadwalader, Wickersham & Taft LLP

COVID-19 Update: UK Government Launches Convertible Loan Scheme for Start-Ups; Announces Additional Funding for Innovate UK

Cadwalader, Wickersham & Taft LLP on

Introduction - On 20 April 2020, the UK Treasury announced a support package aimed at helping start-ups whose businesses are facing financial difficulties due to the COVID-19 pandemic. ...more

Bennett Jones LLP

Competitor Collaborations During the COVID-19 Pandemic: Issues Under the Competition Act

Bennett Jones LLP on

The Competition Act is federal legislation that governs most business conduct in Canada. The role of the Competition Bureau is to prevent and deter anti-competitive behaviour and deceptive marketing practices, review mergers...more

A&O Shearman

UK Small Business and Emerging Growth Company Resource Guide

A&O Shearman on

The COVID-19 pandemic has resulted in unprecedented disruption to worldwide markets and personal livelihoods, affecting global companies, small companies and main street businesses alike. As business owners struggle to...more

Orrick, Herrington & Sutcliffe LLP

COVID-19 UK: Employee Share Incentives – Helping companies through the downturn – Insight

Orrick, Herrington & Sutcliffe LLP on

Most companies, particularly startups, are well aware that their equity is a powerful recruitment and retention tool. In a downturn, when companies may be facing decreasing profits and cashflow difficulties, share-based...more

Pillsbury Winthrop Shaw Pittman LLP

UK Government Economic Stimulation Measures in Response to COVID-19

Pillsbury Winthrop Shaw Pittman LLP on

On 17 March 2020, the UK government announced a rescue package worth £330 billion to assist businesses struggling with the ‘economic emergency’ caused by the coronavirus pandemic in the UK. These measures, outlined by the...more

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