On 20 May 2020, the UK Government published its much anticipated draft legislation (the Corporate Insolvency and Governance Bill) which aims to provide greater opportunities for company survival and better returns for creditors during and after the COVID-19 emergency. The Government intends to ask Parliament to expedite progress of the Bill. This short podcast mini-series contains five episodes, with each focusing on one of the key reforms proposed.
Amy Halsall discusses the proposed changes to restrict a supplier's ability to exercise contractual termination rights on insolvency, introduced by the Bill.
Sheena Frazer discusses the new Standalone Moratorium introduced by the Bill.
Devi Shah discusses the new Restructuring Plan introduced by the Bill, including some of its interesting features which distinguish it from the existing regime relating to schemes of arrangement.
Amy Jacks discusses the temporary restrictions to winding-up petitions introduced in the Bill.
Nicola Collins discusses the temporary changes to liability for wrongful trading, included in the Bill.
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