With the post-Brexit transition period ending in 31 December 2020 and talks between the EU and UK about a Free Trade Agreement (“FTA”) continuing, businesses need to continue to prepare for the key challenges ahead.
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Completing an M&A deal is a very exciting moment for all parties concerned. A great deal of hard work has been undertaken by the buyer to find the right target to purchase, analyse the benefits, synergies and cost-saving opportunities, carry out due diligence, negotiate the key documents and finally complete the deal.
China has become the first nation to develop and launch a central bank digital currency, with the Digital Currency Electronic Payment (DCEP) being rolled out across major e-commerce platforms within the country, including the multinational corporation Alibaba Group Holding Limited.
This article summarises some of the key developments expected in commercial, consumer and contract law in the UK in 2021 and beyond.
Whilst 2020 and the Covid-19 pandemic has forced lenders to embrace new practices, the financial services sector has tried to remain resilient during the turbulence at the same time as providing support to their customers who need it. At the end of 2020, the British Business Bank reported that the Coronavirus loan schemes had supported a total of over 1.5m facilities to businesses, providing over £68 billion of finance.
Specialist business property adviser, Christie & Co, has announced the sale of Mavern House Nursing Home in the hamlet of Shaw, near Melksham in Wiltshire, to Welford Healthcare. RWK Goodman acted on behalf of the sellers.
In an effort to assist distressed companies during the ongoing Coronavirus pandemic, Wrongful Trading actions were temporarily suspended from March 2020 under section 12 of the Corporate Insolvency and Governance Act 2020 (CIGA) until 30 September 2020.
The marriage of two companies is an exciting milestone to achieve corporate growth.