Avoiding personal liability – the do’s and don’ts for directors of almost-insolvent companies

For directors, the winding up of a company could be judgment day when their past misdeeds come back to haunt them.  If insolvency is on the horizon, there are various matters directors should bear in mind lest incurring personal liability if insolvency becomes inevitable.  Unfair Preference  The rules governing unfair preference are found under sections […]

Nick GallSenior Partner, Gall Solicitors

Employment Update: Implementation of the Employment Support Scheme (ESS)

The Government has announced the much-awaited implementation details of the ESS along with the penalties in case of breach of undertakings. Our most recent update on the details of the ESS can be viewed here.  Application details – the information required The wage subsidies will be provided for 6 months in two tranches. The first tranche […]

Nick GallSenior Partner, Gall Solicitors

Dealing with Team Moves and the Scope of Springboard Injunctions: The McLarens Hong Kong case

Setting the Scene This practice note considers the applicable legal principles in respect of an application for a springboard injunction as well as key takeaways for employers seeking to protect their businesses when key employees depart. What is a springboard injunction? A springboard injunction is a type of prohibitive injunction. In general terms, if granted, […]

Nick GallSenior Partner, Gall Solicitors

New Trade Case on Imports of Passenger Vehicle and Light Truck Tires from Korea, Taiwan, Thailand, and Vietnam

By Mark R. Ludwikowski, R. Kevin Williams, William C. Sjoberg, Courtney G. Taylor / May 14, 2020 New U.S. antidumping (“AD”) and countervailing duty (“CVD”) petitions were filed on May 13, 2020, by United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, AFL-CIO, CLC (“USW”) against imports of passenger vehicle and light truck tires (“PVLT”) […]

David W. CentnerMember, Clark Hill PLC

IRS Temporarily Relaxes Section 125 Cafeteria Plan Election Change and “Use It or Lose It” Rules in Response to COVID-19 Pandemic

By Luke D. Bailey / May 14, 2020 On May 12, 2020, in Notice 2020-29, the IRS substantially relaxed and simplified cafeteria plan election-change and grace-period rules. The Permitted Changes Notice 2020-29 permits employers to adopt one or more of the following changes to existing cafeteria plans for 2020: An employee who did not elect group health plan […]

David W. CentnerMember, Clark Hill PLC

House Version of New Stimulus Package Proposes Loans for Debt Collectors

By Joann Needleman, Ann E. Lemmo / May 13, 2020 On Tuesday, the Democrats unveiled their latest legislative proposal: The “Health and Economic Recovery Omnibus Emergency Solutions Act” or “HEROES Act.” The official summary of the bill calls it “transformative legislation to meet the challenges of the coronavirus pandemic, increase aid for state, local and tribal governments,” to extend […]

David W. CentnerMember, Clark Hill PLC

Avoiding personal liability – the do’s and don’ts for directors of almost-insolvent companies

For directors, the winding up of a company could be judgment day when their past misdeeds come back to haunt them.  If insolvency is on the horizon, there are various matters directors should bear in mind lest incurring personal liability if insolvency becomes inevitable.  Unfair Preference  The rules governing unfair preference are found under sections […]

Nick GallSenior Partner, Gall Solicitors

Required Posting for Illinois Employers

Required posting for Illinois employers: Effective May 1, 2020, and in accordance with Governor Pritzker’s most recent Executive Order (2020-32), all Illinois businesses including for-profit, not-for-profit and educational entities that have employees physically reporting to a worksite are required to post in their place of business the Workplace Health and Safety Guidance for Employees and […]

David W. CentnerMember, Clark Hill PLC

Gall Hosts Insolvency Webinar with Lexology on 11th June, 2020

COVID-19 has created unforeseen challenges for businesses all over the world with an impact so far-reaching that several organisations are no longer able to survive. Governments have swiftly enacted relief measures but the financial consequences of the pandemic on businesses is unprecedented. Some common law jurisdictions have created new insolvency law measures to tackle the […]

Nick GallSenior Partner, Gall Solicitors

Elucidation on the legal aspects regarding the outbreak of new Corona virus (COVID-19), state procedures, its violations and associated penalties

Taher Legal Group publishes a legal study on the Corona Virus (COVID -19 Corona Virus Disease 2019) and its impact on the private sector according to Kuwaiti law and the effects of the partial curfew imposed in the State of Kuwait. In light of the state of emergency imposed in the State of Kuwait, which […]

Avoiding personal liability – the do’s and don’ts for directors of almost-insolvent companies

For directors, the winding up of a company could be judgment day when their past misdeeds come back to haunt them.  If insolvency is on the horizon, there are various matters directors should bear in mind lest incurring personal liability if insolvency becomes inevitable.  Unfair Preference  The rules governing unfair preference are found under sections […]

Kenix YuenPartner, Gall Solicitors