On 10 November 2020 we held a webinar as part of the IHL series looking at the Corporate Insolvency and Governance Act which came into force in the summer.
During the session our panellists outlined the new rules and gave some practical tips for contracts, and other useful steps to think about.
You can watch the webinar below:
Set out below are the key takeaway points:
Corporate insolvency The new rules
The Corporate Insolvency and Governance Act 2020 (or CIGA for short) came into force on 26 June 2020.
- it introduced a new form of company moratorium, which sits outside of the insolvency regime and which can be a precursor to insolvency
- it introduced a new restructuring plan, and
- it introduced new rule…
Read the full article at: https://www.shoosmiths.co.uk/insights/comment/webinar-corporate-insolvency-the-new-rules