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Glossary of Insolvency Terms

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With the impact of COVID-19, there will inevitably be a rise in businesses or individuals engaged in insolvency procedures. We set out below some of the most commonly used insolvency terms.

UK Trade Mark Infringement

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Once a trade mark is registered, the owner has the exclusive right to use the mark in the UK. This allows an owner to stop others from using their mark or a confusingly similar mark in relation to the goods and services that their mark was registered for.

COVID-19: Homeworking Health & Safety

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The government has advised all employees to work from home unless it is not possible to do so. As a result, many businesses’ entire workforce is now based at home. The drastic change to working practices throws up a number of challenges. In this note, we focus on the health & safety implications.

Covid-19 and current attempts to end contracts early

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The global coronavirus pandemic is going to make it difficult or impossible for franchisors and franchisees in a wide range of circumstances to fulfil their contractual obligations. It is likely that many such parties will seek to argue that they should be released from those obligations by virtue of a force majeure clause or under the doctrine of frustration.

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