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Arena Television: The collapse continues
News
Arena Television collapsed at the end of 2021 with debts of £280 million. Loans from 55 lenders had been secured against thousands of items of broadcasting equipment that simply did not exist.
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The Online Safety Act: Introduction of new regulations by Ofcom for service providers
News
There has been a lot of discussion over the last year about the Online Safety Bill, particularly for its controversial nature amongst the Big Tech companies. The Bill received Royal Assent on 26 October 2023 and is now the Online Safety Act.
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The impact of coronavirus on share valuations in unfair prejudice petitions
News
Given the ongoing lockdown and the effect that is having on company valuations, the court is continuing to be flexible on valuation dates, particularly where justice needs to be done for the wronged minority shareholder.
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Developer’s – don’t forget your commercial leases in your residential schemes – Landlord and Tenant Act 1987 section 5 (LTA)
Insights
Where a private landlord/developer of a mixed use residential and commercial scheme is proposing to lease its commercial premises then beware, (under certain circumstances) qualifying tenants of flats have a right of first refusal to purchase that interest.
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