we provide some guidance for developers on dealing with planning demands.
Looking forward, we also cover how the current economic climate will affect lenders and businesses this year. We are grateful to Kseye and Winslow Tax Lawyers for their input in that regard. The impact of the economy on businesses is also discussed in our 4 Corners Legal Podast. The wider political and commercial context of 2022 – military action, pandemics, inflation, concerns about the environment, political goals and public opinion once again highlighted the interconnectedness of modern global economy. The previous divisions between spheres and sectors are increasingly less clear. This is seen for example in the way that responsible money lending and SDLT are to do with tying commercial and legal incentives to political imperatives as much as business needs. These issues are also covered in our Four Corners podcast, in which our finance & restructuring teams discuss the economic outlook for lenders and borrowers together with Simon Jagger of Resolve. Finally, we are pleased to review some of the events we attended last year, to include our John O Donovan’s panel appearance at the Finance Professional Show and Niten Chauhan’s inclusion as a keynote speaker at the LawAsia Conference where he shared a stage with the Law Society on sanctions effecting businesses; together with a review of some of the property related legal changes which may impact investor risk and funding across commercial and residential properties. We welcome your feedback, and hope you find the content helpful. Wishing you all the best for 2023.
In this issue Whilst we look forward to 2023, we also wanted to take the opportunity, in this 2nd edition of our Legal Corner magazine, to review and reflect on some of the legal trends we saw for businesses, with a particular focus on access to finance, as well as the regulatory environment. Our team at Harold Benjamin is pleased to have analysed shifts in consumer spending, the economic landscape and the legal landscape last year. From the impact of the cost of living crisis on anti-competitive practices by supermarkets and the consequences for larger retailers (see Anti- competitive practice and land agreements >) through to advice to businesses on the continued business cost of covid on rental arrears (see COVID-19 Rental Arrears >) and legal updates following leasehold reforms and cladding legislation – we covered some of the most impactful legal changes of 2022, many of which will be more fully realised in 2023. Please feel free to visit the Insights area on our website for articles on these topics. > To this end, one of the key changes we flagged last year relates to The new Register of Overseas Entities. In this edition, we will look at what this means for lenders of finance. We also considered how planning and development work is now more often challenged by environmental considerations, and as part of the #trends series of articles,
VIJAY PARIKH Managing Partner
Click to connect with Vijay on LinkedIn
vijay.parikh@haroldbenjamin.com
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