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COVID measures extended
The Government has announced extensions of measures to help businesses through the pandemic, including:
It’s important to note, however, that the temporary suspension of personal liability of directors for wrongful trading has not been extended.
Practice Note: Coronavirus (COVID-19)—holding general meetings and AGMs
Practice Note: Corporate Insolvency and Governance Act 2020—temporary changes to corporate statutory demands and winding-up petitions
Practice Note: Corporate Insolvency and Governance Act 2020—temporary changes to the wrongful trading regime
News Analysis: Corporate Insolvency and Governance Act 2020—extension of temporary measures
Coronavirus Job Retention Scheme
The Coronavirus Job Retention Scheme (CJRS) has also been extended until March 2021. Initially, the level of support available under the extended scheme mirrors that available under the CJRS in August, with the Government paying 80% of wages up to a cap of £2,500 (although the % payable will be reviewed in January). Flexible furloughing is allowed under the extended CJRS, as well as full-time furloughing. The Job Support Scheme, which was scheduled to come into effect on 1 November, has been postponed until the CJRS ends.
News Analysis: CJRS extended to end of March 2021, JRB and SEISS amended
Precedent: Letter—from employer to employee regarding flexible furlough arrangements (extended CJRS from 1 November 2020)
Business Interruption insurance
In September the High Court ruled on the Financial Conduct Authority (FCA) case that sought clarification on behalf of business interruption insurance policyholders– following the insurers refusal to pay out claims that arose from the pandemic. The Court only reviewed a sample of policy wordings and agreed with the FCA on most issues. Whilst each case will need to be decided on its own
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Louisa leads marketing for the in-house legal community at LexisNexis. She joined the dedicated in-house team at LexisNexis four years ago and has a passion for driving and facilitating initiatives which are customer-focused at their heart. Her vision
is to support in-house counsel succeed in their fast-evolving role based on deep insight, data analysis and best practice gathered across the in-house community.
Prior to her in-house focused role, Louisa led the marketing for the bar and mid-market private practice sectors as well as product marketing lead for LexisPSL - LexisNexis' cloud based, practical guidance and legal research software solution.
She brings 20 years' marketing experience both client and agency side, specialising in B2B marketing in the Legal, TMT (Telco, Media and Technology) and Financial Services industries. In both South Africa, Europe and the UK.
Louisa is also an active member on the LexisNexis Gender Equality Matters (GEM) steering committee and is involved with the Families at LexisNexis Group which brings together, supports and lobbies for change those with an interest in balancing the challenges
of work and family.
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