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Corporate Insolvency and Governance Act 2020—the rise of the moratorium and restructuring plan and the fall of the Scheme?

Corporate Insolvency and Governance Act 2020—the rise of the moratorium and restructuring plan and the fall of the Scheme?
Published on: 21 August 2020
Published by: LexisPSL
  • Corporate Insolvency and Governance Act 2020—the rise of the moratorium and restructuring plan and the fall of the Scheme?
  • Introduction
  • Moratorium
  • How often will the moratorium be used in practice?
  • Standalone procedure or gateway to other procedure?
  • Duties of the monitor
  • Restructuring plan
  • Relevant alternative
  • Restructuring plan as restructuring or insolvency proceeding?
  • Future of the scheme of arrangement

Article summary

Restructuring & Insolvency analysis: This News Analysis considers in detail the new moratorium and restructuring plan procedures introduced by the Corporate Insolvency and Governance Act 2020 (CIGA 2020). It also considers whether the rise of the restructuring plan will ultimately be the death knell of the traditional scheme of arrangement under Part 26 of the Companies Act 2006. It is based on a webinar given for P.R.I.M.E. Finance on 27 July 2020. Written by Jennifer Marshall. or take a trial to read the full analysis.

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