Private equity faces litigation risks over return to offices

Emma Danks and Helen Farr discuss the challenges private equity firms face over the return to offices.

The return of lockdowns in the UK and Europe has shone a spotlight on firms’ responsibilities towards their staff over safety. A breach of health and safety legislation is a criminal offence in the UK with penalties that can go from an unlimited fine, which is the main penalty whether the accused is an individual or corporate, to a custodial sentence.

“The vast majority of sentences imposed on individuals are fines. Custodial sentences are reserved for the most serious cases where the breach results in death or a long-term impact on the victim’s physical or mental health. The accused must also have very high or high culpability.” Helen says.

The article also discusses a natural need or desire to go back to the office that may be expected in the private equity sector. From a relationship-building perspective, for those with already established strong connections, remote work is not as challenging as it is to those starting out now.

“Collaborating is much easier when in the same environment and it is a little bit trickier when you’re doing it from a distance.” Emma points out.

Helen and Emma's insights were first published in Private Equity News (print edition - 2 November).

For access to the full article, please contact Private Equity News.