The Corporate Insolvency and Governance Act – will it help?


Our team: Jeremy Whiteson


On 26 June 2020 the Corporate Insolvency and Governance Act (Act) came into force after a rapid passage through all Parliamentary stages, in a little over a month. This is a major piece of legislation (stretching to 245 pages). It is a centrepiece of the Government’s response to the fallout of the COVID-19 pandemic for businesses and represents the biggest change to corporate insolvency law for 34 years. It will have big implications for the business community during the current crisis and for many years to come. With this in mind we set out our comments below. We are providing separate updates on the corporate governance aspects of the Act. To read more – Click here

 

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