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Winding up petitions during the coronavirus pandemic
Coronavirus restrictions on winding up petitions have been extended until 30th June 2021.
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New rules on pre-pack sales to connected parties from 30 April 2021
From 29 March 2021, new rules come into effect which will apply to pre-pack administration sales to connected parties, commencing on or after 30 April 2021.
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How green does your business grow?
Leading finance lawyer Louise Duffy considers the relevance of green lending initiatives as we come out of the coronavirus crisis.
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Suppliers’ termination clauses rendered toothless
Supplying goods and services is something every organisation is involved in, but how does new debtor-friendly legislation affect supplier relationships with distressed businesses?
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New restructuring plan offers lifeline to struggling businesses
Restructuring plans are nothing new, but legislation just passed means that a court can now sanction a plan even if creditors vote against it. Here’s how it works.
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Insolvency moratorium: a welcome break?
A new moratorium has been introduced to give companies more time to rescue and recover their business following the outbreak of COVID-19. But how does it work and how does it impact creditors?
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Wrongful trading: relief for directors of distressed businesses
The rules on wrongful trading have been temporarily relaxed. Here we examine what that means for directors of businesses that might be struggling to survive.
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New winding up restrictions call for creditor caution
The new Corporate Insolvency and Governance Act came into force on 26 June 2020. Here, in a series of bitesize updates, we explain the key changes – starting with winding up and new measures to support businesses in distress.
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Coronavirus: Tips to help businesses manage cashflow
The coronavirus is making life difficult for everybody, but there are positive steps you can take to help mitigate losses and protect your business. …
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Will new insolvency laws make businesses more accountable?
Following a number of high profile company failures, the government is consulting on insolvency and corporate governance with the intention of updating the law. …