The following Employment practice note provides comprehensive and up to date legal information covering:
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see Practice Note: Brexit and IP completion day—implications for employment lawyers.
This Practice Note examines direct discrimination under the Equality Act 2010 (EqA 2010).
A person (A) directly discriminates against another person (B) where:
A treats B less favourably than A treats or would treat others, and
A does so because of a protected characteristic (sex, race etc—see: Protected characteristics—overview)
In this context 'another person' includes a legal person such as a limited company. A company is therefore entitled to protection from direct discrimination.
Less favourable treatment should be looked at from the perspective of an individual rather than the larger group of which they form part. Thus, if people with different protected characteristics, eg men and women, are subjected to the same restriction, eg not being permitted to mix with the opposite gender, any individual is being treated less favourably than if they were of the opposite characteristic by virtue of
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ContractWhere a contract is made by two or more parties it may contain a promise or obligation made by two or more of those parties. Any such promise may be:•joint•several, or•joint and severalWhether an undertaking is joint, several, or joint and several in contract is a question of construction
This Practice Note examines:•why negative pledge clauses are used in commercial transactions •the consequences of breaching negative pledge provisions•how negative pledges are viewed in the context of security and quasi-security, and•key considerations when drafting a negative pledge clauseWhere
STOP PRESS: The Corporate Insolvency and Governance Act 2020 contains provisions which, on a temporary basis (presently until 31 December 2020) impose significant limitations on the ability for a creditor to seek a winding-up order against a company. For further reading, see Practice Note: Corporate
A limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA 2006).Why do companies issue redeemable shares?A company may wish to issue redeemable shares so that it has an alternative way to return surplus capital to shareholders without
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