EMERGENCY CHANGES TO INSOLVENCY LAW DURING CORONAVIRUS PANDEMIC

David Reade QC and Alexander Halban from Littletons examine the proposed changes and some of the issues which need to be worked out in the emergency legislation.

On Saturday 28 March 2020, the Government announced significant changes to UK insolvency law to help companies and directors weather the economic storm caused by the Coronavirus (COVID-19) pandemic.

As part of a range of measure to help companies, the Business Secretary, Alok Sharma, announced:

The Government said that the emergency legislation would be brought forward at the 'earliest opportunity' but it has not yet been published.

http://www.littletonchambers.com/emergency-changes-to-insolvency-law-during-coronavirus-pandemic-1542/

Published: 31/03/2020 14:12

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