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This event has now finished.

In conjunction with Glasgow Chamber of Commerce, we invite you to a webinar to address some of the key issues impacting businesses as we all deal with the effects of the COVID-19 crisis.
 
Experts from Weightmans’ banking, employment and commercial teams will be on hand to provide the inside track on the newly varied business interruption loans schemes; discuss the challenges facing businesses from an employment perspective in the next 6-12 months as we look towards a lockdown exit strategy; and explain the options for dealing with contracts due to the crisis, and how to protect your business when agreeing to waive or change contract terms.

Topics covered will include:

1. The business loan scheme

  • What’s available and how do you get it?
  • What, if any, conditions or guarantees can banks insist upon?
  • Your right to re-negotiate deals agreed under the first version of the rules.
  • What happens if you breach the terms of your existing facilities?


2. Employment issues

  • We will focus on future planning for businesses – what will the next 6-9/12 months look like? The webinar will address issues, concerns and strategies as we look towards an exit strategy
  • The benefits/challenges of working from home – is this to be a permanent feature going forward for businesses?
  • Social distancing in the work place (and any other changes to the workplace) – what measures will businesses need to implement (e.g. office layout, planning considerations), will this be the end of open plan? Will there be further health and safety/employer liability matters to consider?
  • Financial planning – will cuts needs to be made and/or non-essential spend culled – how would that look for your business and are you considering any of the following:
    • Redundancies
    • Part-time working options
    • Reduction in salary/hours
    • Restructuring/re-organisation
    • Cutting centralised services

3. Contracts, force majeure and related matters

  • Is COVID-19 a force majeure event?
  • The effect of a force majeure event.
  • Other terms in the contract to consider.
  • Practical steps to take and the importance of documenting waivers and variations.
  • Market examples.

There will also be the chance for a Q&A.

Details

Date: Tuesday 5 May 2020,

Time: 11.00am – 12.30pm

Register

Register in advance for this meeting through Glasgow Chamber of Commerce.
 
After registering, you will receive a confirmation email containing information about joining the meeting.

Speakers

  • Zoom
    5 May 2020 From 11:00 AM to 12:30 PM
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