The Corporate Insolvency and Governance Act 2020 was passed on 25 June 2020. The legislation has been in contemplation for a number of years, and has implemented a significant reform to the UK’s restructuring and insolvency framework. It has also implemented certain temporary measures that are designed to protect and support businesses, protect jobs and, in doing so, attempt to preserve the economy during the COVID-19 pandemic.
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Bryan Cave Leighton Paisner LLP 01 WHAT MEASURES ARE INTRODUCED BY THE ACT? NEW PERMANENT MEASURESNEW TEMPORARY MEASURES This note will focus on the provisions of the Act that are likely to impact landlords of commercial tenants. CORPORATE INSOLVENCY A…
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