Q&As

How has Precedent: Framework services agreement—single contract with call-off orders—pro-supplier been updated to accommodate considerations stemming from the Corporate Insolvency and Governance Act 2020 which introduced the new section 233B into the Insolvency Act 1986?

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Published on LexisPSL on 08/01/2021

The following Commercial Q&A provides comprehensive and up to date legal information covering:

  • How has Precedent: Framework services agreement—single contract with call-off orders—pro-supplier been updated to accommodate considerations stemming from the Corporate Insolvency and Governance Act 2020 which introduced the new section 233B into the Insolvency Act 1986?

In relation to Precedent: Framework services agreement—single contract with call-off orders—pro-supplier, we confirm that the Precedent has been updated to accommodate considerations stemming from the Corporate Insolvency and Governance Act 2020 (CIGA 2020) which introduced the new section 233B to the Insolvency Act 1986 (IA 1986), (as have any other Commercial Precedent agreements similarly impacted). In particular within that Precedent, we refer you to:

  1. the introductory drafting notes under the heading 'Statutory controls to protect supply of goods and services to customers subject to an insolvency procedure' which alerts the user that CIGA 2020 may impact the supplier's ability to rely on certain provisions in the Precedent is specified circumstances

  2. th

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