In any insolvency, there is a statutory hierarchy that determines how creditors are repaid, including HMRC. Since 2003, HMRC has been an ‘unsecured creditor’ - however, this is about to change with … [Read more...] about Reintroduction of Crown Preference from 1 December 2020
Legal Insights
Commercial law: West End production firm secures distribution license agreements
The UK theatre industry has been one of the hardest hit this year, so we were delighted to be able to assist Ginger Quiff Media in striking two distribution license agreements with a New York-based … [Read more...] about Commercial law: West End production firm secures distribution license agreements
Spectators set to return to sports venues in low tier areas
Following the PM’s announcement on Monday, for the first time since the first national lockdown in March, fans will be permitted to return to sporting venues in limited numbers next month. From … [Read more...] about Spectators set to return to sports venues in low tier areas
Commercial property: Londis Eastbourne opens its doors
Londis Eastbourne has opened its doors having secured a premises on Grove Road totalling almost 3,000 sq. ft with the assistance of SO Legal’s commercial property team. The independent, … [Read more...] about Commercial property: Londis Eastbourne opens its doors
Government extends the Green Homes Grant by a year
On 18 November Boris Johnson announced that the Green Homes Grant scheme has been extended by a year past its original deadline of March 2021. The scheme offers homeowners vouchers worth up to £5,000 … [Read more...] about Government extends the Green Homes Grant by a year
Tougher sanctions for high-profile athletes as Covid restrictions increase
As many countries and local authorities begin implementing new measures with hopes to curb the second wave Coronavirus pandemic, athletes and sporting clubs are also having to think through their … [Read more...] about Tougher sanctions for high-profile athletes as Covid restrictions increase
Share Purchase or Asset Purchase: What’s the Difference?
There are two ways a buyer can acquire a business, either by way of a share purchase or asset purchase. While both structures are capable of achieving broadly the same commercial objective, there are … [Read more...] about Share Purchase or Asset Purchase: What’s the Difference?
Changing employment terms: An alternative to redundancy
As COVID-19 continues to frustrate the efforts of businesses to resume normal life, many companies are facing challenges with bringing their employees back to work. As an alternative to redundancy, … [Read more...] about Changing employment terms: An alternative to redundancy
Commercial property: SO Legal helps Purezza expand its operations
We are passionate about helping our clients achieve success and becoming leaders in their industry, so we are delighted to have assisted Purezza in expanding its operations - including two new … [Read more...] about Commercial property: SO Legal helps Purezza expand its operations
Residential Planning Consent: Grounds for Refusal
Many people make improvements to their residential property in order to increase its value, make the property more liveable, or even to increase its energy efficiency. Planning permission is … [Read more...] about Residential Planning Consent: Grounds for Refusal