Wright Hassall Coronavirus Frequently Asked Questions

Date: 23 Mar 2020

For Individuals:

The impact of Covid-19 (Coronavirus) on individuals and their families has been unprecedented. Wasps Club Partner Wright Hassall have put together a dedicated team to look at all the issues individuals are facing. These are wide ranging and complex, particularly as the situation changes from day-to-day.  Depending on the type of issues you are facing, you might want to consider:

Employees

  • My employer is talking about laying me off due to Coronavirus. What are my rights?
  • What do I do if I am made redundant?
  • I think that I have been exposed to Coronavirus, what should I do next?
  • I am a high risk individual, should I still be attending work? If I should not be attending work, what are my entitlements to pay?

Wills

  • How do I make a Will remotely, can this be done if I am self-isolating?
  • What is the easiest way to protect my assets?

Residential Property

  • I’m in the process of buying/selling my property. How will the transaction be affected?
  • My tenants cannot afford to pay their rents. What are my options?
  • What if my seller self isolates during exchange and completion?

Care & capacity issues

  • My parents are self-isolating, how can I help them manage their affairs?
  • My elderly relative is in a care home which now has restricted access, how do I ensure they are safe and are being cared for?

Family

  • How might self-isolating affect my family relationships?
  • What do I do if my relationship breaks down whilst I am self-isolating?
  • What should I do if I have a court hearing coming up?
  • My partner will not allow me to see our children. Is there anything I can do?
  • I have a court imposed deadline to provide documents. What should I do if myself or my legal adviser are self- isolating?
  • What should I do if we are self-isolating and the children should be seeing their other parent, either by agreement or a court order.

 

For Businesses:

The impact of Covid-19 (Coronavirus) on business has been unprecedented. Wasps Club Partner Wright Hassall have put together a dedicated team to look at all the issues businesses are facing. These are wide ranging and complex, particularly as the situation changes from day-to-day.  Depending on the type of business you operate, some of the major questions you might want to consider are:

Employers

  • What happens if an employee is worried about Coronavirus and wants to self-isolate because they are in a high risk group, for example, because they have a pre-existing medical condition or because they are pregnant?
  • What happens if an employee contracts Coronavirus or has been advised to self-isolate by a medical professional?
  • What are the difference between medical suspension, sickness absence and self-isolation?
  • What do I do if I have a downturn in business and I want to lay my staff off?
  • What do I do if my employees have to take time off to care for dependants because schools are closing?

Dealing with suppliers and customers:

  • I am a supplier and my customer is excused from making payment due to Covid-19 (Coronavirus). How will this affect me?
  • My business is having difficulties delivering goods and/or services to my customers due to Covid-19 (Coronavirus). What do I do?
  • My supplier is failing to deliver goods and/or services to my business (or threatening to do so) due to Covid-19 (Coronavirus). What do I do?
  • Do I have to continue to pay my suppliers as normal?
  • Will my insurance cover me? Can this help with paying suppliers?

Immigration

  • We have senior and business-critical staff in the UK whose visas expire soon. What happens if Government offices close, applications are suspended and they cannot enrol biometrics because of the virus?
  • An executive from our overseas office is in the middle of transferring to the UK with her family, but she has just been told that her visa application is suspended due to Coronavirus closures. She has rented her apartment out from next month and we need her to start work here. What do we do?
  • What happens when an overseas employee whose assignment is ending cannot leave because of travel bans and risks overstaying their visa?

 Insolvency/Director duties

  • As a director, I am worried that as a result of the Covid-19 (Coronavirus) my company is about to run out of cash.  What are my duties as a director and what steps should I take to protect myself from criticism?
  • My business is about to run out of cash, what should I do and who do I need to speak to about this?
  • Should my business consider restructuring steps in the current climate and what are the options?
  • My business is in breach of its financial covenants with a lending institution, what should I do and who should I speak to about the concerns I have with meeting existing debt arrangements?
  • have run out of money to pay my staff and suppliers and need to shut down my business immediately.  What should I do?
  • I think my business maybe insolvent? What does that mean for directors and shareholders and what is the difference between liquidation, administration and a company voluntary arrangement?

Commercial tenants

  • I am a commercial tenant struggling financially. Am I able to end my lease?
  • How do I know if there a break clause, and what does this entail?

Commercial landlords

  • I am a commercial landlord and my tenants are asking about suspending rent payments. Where do I stand?
  • If I cannot afford to suspend rent payments, what do I do?

Construction

  • Can I claim extra time as a result of Coronavirus to complete the building work?
  • Can I postpone a project due to Coronavirus if I have already signed a contract ?
  • What can I do if I have not been paid ?
  • How do I protect myself against supplier insolvency ?
  • Who is liable if the site is inaccessible due to Coronavirus ?

Corporates

  • When is the most appropriate time to commence a restructuring process for my company?
  • Is it possible to reorganise my business to allow for profitable parts of the business to continue and allow for the non-profitable parts to be separated?
  • What funding is available to assist with any restructuring process?

Banking and Finance

  • My business has applied to borrow money, and I’m not sure I want to proceed. What do I do next?
  • I’m not sure of my business’ current liabilities and whether I am on the hook myself if my company starts to struggle.  What can I do?
  • How does my business get its hands on all this government cash that has been released?

Should you wish to discuss these queries, or have any other questions visit Wright Hassall's dedicated Coronavirus Hub: on their website.

If you are worried about Coronavirus, please seek the latest official guidance from the NHS website by clicking here.