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Covid-19 and Rental Obligations During Lockdown

With recently announced lockdown and the closure of all businesses other than those providing essential services, the question arises as to the respective obligations between landlords and tenant in respect of commercial leases. I have received numerous requests for an opinion regarding whether rental remains due and payable during the lockdown period, with many throwing around the legal term …

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RETRENCHMENT

The COVID-19 pandemic has brought with it financial distress for many employers, with a trickle-down effect to employees. Many businesses will simply not survive the forced lockdown and will face the unfortunate decision to reduce staff in order to survive. Companies often consider offering voluntary severance packages (“VSPs”) to its employees. When may VSPs be …

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