Legal News

Section 233B of the Insolvency Act 1986—implications for the IT services industry

Section 233B of the Insolvency Act 1986—implications for the IT services industry
Published on: 10 July 2020
Published by: LexisPSL
  • Section 233B of the Insolvency Act 1986—implications for the IT services industry
  • What are the implications of IA 1986, s 233B for software developers, software resellers or licensors, IaaS, PaaS and SaaS providers, data processing service providers and IT integration service providers?
  • Operation
  • Effect
  • Relief
  • Exclusions and application
  • To what extent does the ‘essential supplies’ regime under IA 1986, s 233–233A remain relevant to IT services providers, and how do those sections and IA 1986, s 233B interact in those contexts?
  • What changes should suppliers of each of those services consider making to their practices or contractual documentation?

Article summary

TMT analysis: Kit Burden, partner and global co-chair of Technology Sector at DLA Piper, discusses the implications of the new section 233B of the Insolvency Act 1986 (IA 1986) on the IT services industry. or take a trial to read the full analysis.

Popular documents