Member Article
Businesses have been given much needed breathing space during the Covid-19 pandemic with the governments extension of insolvency measures until 2022. Mitchell Charlesworth corporate recovery partner, Jeremy Oddie, and associate, Julie Webster, discuss the announcement.
The government announced that it is extending the powers it has under the Corporate Governance and Insolvency Act and intends to make temporary amendments or modify the effects of corporate insolvency and governance legislation for an additional year.
The government laid the regulations on 11 February 2021 in Parliament ahead of the power expiring on 30 April 2021.
The government previously updated the rules in December 2020, when several Covid-19 related …
Read the full article at: https://bdaily.co.uk/articles/2021/03/16/government-extends-corporate-insolvency-measures-until-2022
