fbpx
Options available for company during financial difficulties

Options available for company during financial difficulties

Options available for company during financial difficulties A company experiencing financial difficulties is not necessarily a cause for alarm, as it is part of the natural cycle of a business generally. If, however, the directors are concerned about the financial...
Covid-19 Commercial Rent Arrears – coming out of the pandemic

Covid-19 Commercial Rent Arrears – coming out of the pandemic

Covid-19 Commercial Rent Arrears – coming out of the pandemic Landlords and Tenants will be aware that the moratorium on commercial evictions and restrictions came to an end on 24 March 2022. The Commercial Rent (Coronavirus) Act 2022 provides a mechanism for...
Employee Ownership Trusts (EOT) – Key Considerations

Employee Ownership Trusts (EOT) – Key Considerations

Employee Ownership Trusts (EOT) – Key Considerations Employee Ownership Trusts (“EOTs”) are a great way for shareholders to sell their companies for the best value in a more tax-efficient way than a traditional trade sale. EOTs were introduced by the...
NatWest fined £264 million for money laundering offences

NatWest fined £264 million for money laundering offences

NatWest fined £264 million for money laundering offences On 13 December 2021, NatWest was fined £264 million for breaches of the Money Laundering Regulations 2007 (MLR 2007). As the first criminal conviction and the FCA’s first criminal prosecution under the MLR 2007,...