As the impact of the COVID-19 pandemic rippled through the UK economy, it seemed not a day went by without headlines of yet more companies in distress. In early June 2020, the British government announced a series of reforms to existing insolvency legislation in response, and introduced new measures to temper the financial implications for businesses.
The webinar, hosted by Lexology, covered the proposed changes to the insolvency regime, including:
- The new pre-insolvency moratorium
- The new restructuring plan
- The new prohibition on supplier insolvency termination clauses
- The temporary suspension of wrongful trading provisions
This webinar took place on Thursday 4th June 2020, 2:00 pm – 2:55 pm BST
Please see below a recording of the webinar.