The Government has announced that the insolvency measures that were introduced in the Corporate Insolvency and Governance Act (2020), designed to support businesses during the COVID-19 pandemic, are set to be extended until 30 September 2021 following an announcement...
We recently reported that the current restrictions on the presentation of winding up petitions and the making of winding up orders introduced by Corporate Insolvency and Governance Act 2020 (“CIGA 2020”) have been extended to 31 March 2021. By way of reminder, CIGA...
New regulations will come into force on 4 May 2021 to help those struggling with debt to apply for much needed breathing space with the assistance of a regulated debt advisor, in order to benefit from legal protections against creditor action. The Regulations, which...
In January 2018, Carillion PLC and five associated companies entered into Liquidation. The Insolvency Service has now issued director disqualification proceedings on behalf of the Secretary of State for Business, Energy and Industrial Strategy against eight Carillion...
We reported back in July 2020 on the many help packages issued by the Government to assist businesses and individuals during the COVID-pandemic. You can see that article here. In this article, amongst other things, we reported that the Corporate Insolvency and...
