Insolvency law reforms due to Covid-19

The Government is expediting reforms to UK Insolvency Law to help companies avoid insolvency as a result of the Covid-19 outbreak. Details of the proposed changes to the UK Insolvency Law have not yet been published. The Government said that reforms would be introduced “at the earliest opportunity”, but we do not expect the reforms to be introduced until after Parliament returns from recess on 21 April 2020.