The Regulator’s expanded powers, effective 1 October 2021, reinforce the need for all relevant parties to give proper consideration to the effect of corporate transactions, refinancings, restructurings and other activity on...more
The support will be backdated to 1 March 2020 and will be open for an initial three-month period.
The UK government announced on 20 March 2020 certain emergency protective measures which it billed as “unprecedented”, and...more
This year has seen a significant number of business failures, particularly on the high street, as businesses have struggled in the face of market fragility and Brexit uncertainty. When a UK portfolio company is...more
This year has seen a significant number of business failures, particularly on the high street, as businesses have struggled in the face of market fragility and Brexit uncertainty. When a UK company is underperforming, the...more
Corporate carve-outs have become increasingly popular in recent years, as buyout firms scour the market for primary deals. In an environment in which the UK Pensions Regulator (the Regulator) is becoming more active, in our...more
The recent furore over the collapse of high street retailer BHS has caused fierce debate over whether companies, or their ultimate owners, are responsible for the upkeep of a pension plan. For private equity, the debate has...more
Employers may want to adjust compensation packages, and high-earners may want to revise their retirement savings strategies.
In recent years, the UK government has reduced the lifetime and annual thresholds up to which...more
Paying employees for their annual leave in the UK used to be viewed as a straightforward process, with many companies calculating holiday pay at the employee’s basic pay rate.
However, in 2014, several employment law...more
Shedding light on some complex issues that can arise with UK auto-enrolment.
In the UK, The Pensions Regulator (TPR) recently published its first report on enforcement action it has taken against an employer for...more
Ruling implies that additional protections will be afforded to members of LLPs.
The UK Supreme Court recently ruled that members of a limited liability partnership (an LLP) are workers for the purpose of protections...more
Newly enforced regulations change UK law on the transfer of undertakings, applicable to transfers which take place on or after 31 January 2014.
The Transfer of Undertakings (Protection of Employment) Regulations 2006...more