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.
Partners Adam PlainerMark Lawford and Gemma Sage addressed the legal and commercial implications for businesses in light of the government’s proposals.
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.