Welcomed by many, the new Corporate Insolvency and Governance Act aims to make life easier for struggling businesses… providing they are struggling to pay their debts and not collect them.
For suppliers and creditors, the new insolvency legislation makes things more difficult, with a host of largely debtor friendly changes. Some are temporary, some are not, and there’s a lot to take onboard.
So we’ve got together three specialist lawyers, who’ve already done the thinking, to breakdown what the changes mean to businesses in this brief and punchy podcast.
Legal Spectrum Podcast episode 6: Insolvency rules OK?
New rules explained
As you will hear, insolvency lawyer Kelly Jordan explains the key changes, commercial lawyer Alex Craig highlights what they mean for your contracts and litigator Susan Howe explores the options for recovering debts following the new legislation.
You can also check out our new Corporate Insolvency and Governance Act blogs for more details on the changes, or contact Kelly Jordan for an initial chat or a free consultation.
The Legal Spectrum is taking a short break for the summer, but we’ll be back with a fresh episode in September.
In the meantime, you can catch up on the rest of the podcast series on Spotify, Buzzsprout and other platforms, and if you need any general help or advice, call us 0191 211 7777 or email [email protected] anytime.