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9 July 2020 0 Comments Posted in Corporate

New key insolvency measures introduced – Corporate Insolvency and Governance Act 2020

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The bill has now completed its journey and obtained Royal Assent, becoming legislation in the form of the Corporate Insolvency and Governance Act 2020 (CIGA 2020) (“the Act”).

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Corporate Governance and Insolvency Bill: contract management during uncertain times

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Contract management

Next up in our series of blogs focusing on the provisions introduced by the Corporate Governance and Insolvency Bill, we turn our attention to managing commercial contracts during temporary company moratorium and insolvency situations.

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Potential liabilities of directors in insolvency situations: a cautionary reminder

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Directors liability

With the recently announced Corporate Governance and Insolvency Bill introducing a temporary suspension of wrongful trading actions, our Corporate team outline other potential claims that may be brought against directors of an insolvent company.

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The Corporate Governance and Insolvency Bill

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Business insurance policies

A new Corporate Governance and Insolvency Bill prepared by the Department for Business, Energy and Industrial Strategy (BEIS), was put before Parliament on Wednesday 20 May, with a key focus on offering some reprieve to companies that find themselves in trouble in the midst of the Covid-19 pandemic.

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